Rubicon Resources provides sustainably sourced frozen shrimp to the private label market.
High Liner Foods, Canada, acquired Rubicon Resources, LLC, a Culver City, Calif.-based sustainably sourced frozen shrimp producer to the private label market.
"I am pleased to announce that High Liner Foods signed a definitive agreement to acquire Rubicon Resources, LLC, a significant player in the U.S. shrimp market," says Keith Decker, president and CEO. "Rubicon is an ideal acquisition for High Liner that will provide sales and earnings growth and expedite diversification of our product portfolio to aquaculture species, like shrimp, that are experiencing stronger growth rates in North America."