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Alaska's Peter Pan doubles down on value addition with Northwest Fish merger


Alaska s Peter Pan doubles down on value addition with Northwest Fish merger
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Seattle, Washington, U.S.A.-based Northwest Fish and Anchorage, Alaska, U.S.A.-based McKinley Capital Management have beat out Trident Seafoods, Canfisco, and Silver Bay Seafoods to scoop up the assets of Peter Pan Seafood Co. from Japanese conglomerate Maruha Nichiro.
The sale, which was announced by Maruha Nichiro in November 2020, was finalized on 31 December, 2020. Northwest Fish and McKinley collaborated with London, United Kingdom-based RRG Investments on the transaction. Peter Pan Seafood Co. now comprises Peter Pan Seafood’s assets and the value-added sales channels of Northwest Fish Co. The new ownership group is Rodger May of Northwest Fish, the Na’-Nuk Investment Fund (managed by McKinley Capital Management), and the RRG Global Partners Fund (managed by RRG Capital Management). ....

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Primed for growth: Alaska's Peter Pan takes flight with Northwest Fish merger


Peter Pan Seafood Co. s Port Moller, Alaska, processing facility. Peter Pan Seafood photo
A team of investors based in Seattle, Anchorage and London has beat out Trident Seafoods, Canfisco and Silver Bay Seafoods to scoop up the Peter Pan Seafood Co. assets from Japanese seller Maruha Nichiro, finalizing the deal on the last day of 2020.
Rodger May of Northwest Fish in Seattle and Rob Gillam of McKinley Capital Management in Anchorage spoke with National Fisherman about their collaboration with RRG Investments in London and their collective commitment to operating and expanding the company s assets, which include Alaska processing facilities in King Cove, Dillingham, Port Moller, and Valdez, along with support facilities in Naknek and Sand Point, and headquarters in Bellevue, Wash. ....

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