Antarctica Advisors Acts as Exclusive M&A Advisor to Icicle Seafoods Inc. and Evening Star Fisheries in the Sale of Their Alaska Pollock Business to Maruha Nichiro and Partner CDQ Groups

ALASKA, February 3, 2022 /PRNewswire/ — Antarctica Advisors LLC, the leading M&A advisory firm focused on the seafood industry, acted as exclusive investment banking advisor to Icicle Seafoods Inc. in the sale of its Alaska pollock business in from Japan the largest player in the fishery, Maruha Nichiro, Coastal Villages Regional Fund (“CVRF”) and Norton Sound Economic Development Corporation (“NSEDC”), two of Alaska’s leading Community Development Quota (“CDQ”) groups.

The transaction also included the purchase of nine fishing vessels from Evening Star Fisheries and the Northern Victor, a fixed processing plant permanently moored in dutch port owned by Evening Star, LLC and its affiliates. The assets and management team will be integrated with existing platforms currently owned and operated by Maruha and CDQ Groups.

The Antarctica Advisors Seafood M&A team leveraged their knowledge of the pollock industry and relationships in Alaska and overseas, to successfully negotiate and execute this highly complex transaction, ultimately leading to a solid outcome,” said Glenn Cookepresident of Icicle Seafoods Inc.

Ignacio KleimanManaging Partner of Antarctica Advisors, said: “Acquisition Enables Cooke Family of Companies to Continue to Focus on Higher Value Seafood Resources by Redeploying Capital, While Significantly Improving Maruha’s Business leading position in the Alaska pollock fishery. Additionally, this agreement secures substantial access to resources for CDQ groups in an important Alaskan fishery for future generations.”

Awarded the title of “Most Prolific Advisor in the Seafood Industry” by industry media, Antarctica Advisors is the leading independent US-based investment bank that provides industry clients with of the sea from around the world advice on mergers and acquisitions as well as stocks and debt. capital raising services. The company’s highly specialized seafood team is comprised of experienced professionals with a proven track record of executing successful transactions.

Antarctica Advisors LLC is a licensed broker, member of FINRA and SIPC.

SOURCE Antarctic Advisors


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Tanya S. Norvell