Icicle Seafoods Sold Off to Indonesia's Convergence Holdings and Dominion Catchers
SEAFOODNEWS.COM [SeafoodNews] June 29, 2015
Investment firm Paine & Partners and Icicle Holdings, Inc. have entered into agreements to sell Icicle to Convergence Holdings, Inc. and Dominion Catchers, LLC.
Under the transactions, Convergence will acquire Icicle's land-based wild seafood processing and farmed salmon activities, and Dominion will acquire Icicle's harvesting and processing vessels as well as the associated fishing rights. At the same time,. Convergence and Dominion have agreed to enter into long-term contracts to continue...
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