Champlain Financial acquires Captain Dan’s Seafood
The acquisition of Captain Dan’s will allow the company to optimize operational capabilities and diversifying its offerings.
Champlain Financial Corp., the Canada-based parent company of lobster and crab processors Cheticamp Fisheries, Riverside Lobster International, Boston Lobster, Petit de Grat Packers and Cape Bald Packers, and Claridge, Inc., Canada, partnered to acquire Captain Dan’s Seafood, Canada, to create a world-class seafood processing and marketing platform in Canada.
Captain Dan’s specializes in transforming lobster and snow crab into premium products for corporate customers in North America, Europe and Asia.
The acquisition of Captain Dan’s will allow the company to optimize operational capabilities and diversifying its offerings. Moreover, the company will be able to increase its sales force and develop growing foreign markets while creating new employment opportunities in the Canadian crab and lobster industry.
“We’re delighted that Captain Dan’s has joined the Champlain Seafood platform. As a result, we’ll be able to serve our customers better and strengthen our relationships with our suppliers,” says Normand LeBlanc, owner and president of Captain Dan’s.
“This acquisition is in line with our goal to become the world leader in the $10 billion crab and lobster industry. We’re also pleased to welcome Normand LeBlanc to our executive management team as well as the other Captain Dan’s managers, who together, form a team of world-class business operators,” says Marc Poulin, executive chairman of Champlain Financial.