Stavis Seafoods, a Boston-based, international importer and first receiver of fresh and frozen seafood, entered into a strategic partnership with IMV, a multinational fishing company based in The Netherlands. This business relationship enables Stavis Seafoods to offer direct access and unparalleled supply chain visibility and traceability for a wide variety of seafood. IMV’s international fleet of fishing vessels and processing facilities deliver vertical integration that will help Stavis Seafoods expand its reach both domestically and internationally.
This partnership provides Stavis with more resources to position the company for growth. IMV’s vast industry and fishing expertise includes operations in South America, Asia, Africa and Europe. Stavis will also have access to IMV’s variety of wild caught, sustainable seafood as well as resources to expand its quality, farm-raised seafood product line.
“For years, one of our main strategic goals was to become a more vertically integrated company, so we could meet the ever-changing needs of our customers,” says Richard Stavis, chief sustainability officer of Stavis Seafoods. “This partnership not only offers direct access to high-quality seafood, [but] it also allows us to promote a simpler, more traceable sourcing solution. Consumers are getting more and more interested in seafood, and this partnership makes us better equipped to meet their needs and answer their questions about how their seafood is sourced.”
“This is an exciting time for Stavis Seafoods,” adds Chuck Marble, newly appointed CEO of Stavis Seafoods as a result of this partnership. “The IMV partnership will increase our production and sourcing capabilities, and allow us to target a larger scale of customer while having more control over our supply chain. Stavis has a long history of innovation and excellence in seafood, and this relationship will help us continue that tradition by positioning us as a true international player in the industry. We are thrilled about this relationship and the future of Stavis Seafoods.”
As part of this partnership, Richard Stavis moves from chief executive officer to chief sustainability officer and director of purchasing, where he will continue expanding the company’s role in the industry and helping define seafood sustainability. Former president Chuck Marble was promoted to chief executive officer, and will take over the day-to-day management and operations of the company.