Fish & Seafood

Sealaska Buys Majority Stake in New England Seafood International

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Sealaska, an Alaska Native Corporation owned by 23,000 Tlingit, Haida, and Tsimshian shareholders, has acquired a majority ownership interest in New England Seafood International Limited (NESI), a London-based supplier of premium frozen and fresh fish and seafood to retailers and leading sushi and healthy eating chains via its Joii foodservice division. NESI sources more than 30 species of wild and farmed fish and seafood from 37 countries worldwide.

The deal, financial terms of which were not revealed, secures management continuity. NESI founder Fred Stroyan (pictured above holding a 60-pound king salmon caught by commercial fisherman in Chignik Bay some years ago) retains a stake in the company and will remain active on its board of directors.

“NESI grew from my passion for bringing the world’s best seafood to the UK,” said Stroyan. “This alliance solidifies my vision for a globally connected seafood enterprise that is committed to trusting relationships, quality products and ocean health. I’m proud of this legacy and thrilled about what we can accomplish together.”

CEO Dan Aherne, noting a deep connection and coinciding values between New England Seafood International and Sealaska, commented: “Whilst Southeast Alaska and London could not be farther apart in geography and way of life, Sealaska and NESI are natural partners connected at the source, via product categories and by values and approach. Both businesses share a clear vision around inspiring consumers to enjoy more seafood. Both take a long-term, global view to enhancing lives and promoting a thriving planet.”

Juneau-headquartered Sealaska, founded in 1971, also owns Seattle, Washington-based Orca Bay Seafoods and Odyssey Foods.

“One of the biggest challenges facing humanity is how to feed, water, educate and house a growing population on a finite planet,” said Terry Downes, chief operating officer of Sealaska. “Enormous social, environmental and economic value is possible when strong, like-minded organizations join forces across the world to make a bigger difference. Solving our most pressing problems requires working together with a global mindset.”