Thursday, December 21, 2023

Another company looks to sell

Readers will recall a big deal in 2020 when two legacy processors, Ocean Beauty and Icicle, announced a merger of their salmon and Gulf of Alaska groundfish operations, forming a new company called OBI Seafoods.

Remnants of both Ocean Beauty and Icicle were left over.

Now, one of those remnants, Ocean Beauty, says its distribution business is for sale. The operations include seven seafood distribution locations in Astoria, Boise, Dallas, Helena, Portland, Renton, and Salt Lake City.

Ocean Beauty's owners, including Bristol Bay Economic Development Corp. and three individuals, are "looking to turn their focus to other investments," a press release says.

Ocean Beauty also operates two smoking and processing plants in Washington state.

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