NZ fishing giants Sealord and Sanford may merge fishing effort to cut number of vessels
SEAFOODNEWS.COM [Nelson Mail] By Bill Moore - August 13, 2014
Two of New Zealand's biggest seafood companies are in talks about consolidating their fishing efforts, a senior manager revealed at a Nelson conference.
Sealord confirmed this morning that talks with Sanford were advanced.
Auckland-based Sanford owns about 25 per cent of New Zealand's fish quota, with Sealord, Talley's and iwi the other major players.
Sealord fishing general manager Doug Paulin said collaborations with science providers such as the Cawthron Institute, Niwa and Plant & Food Research were taking the industry forward through innovations such as a new trawling method unveiled last year. He added, "This helps us to move beyond a commodity and to find a New Zealand point of difference."
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