Trident Seafoods and Pacific Seafood jointly announced on Dec. 18 that completed acquisition by Pacific Seafood of Trident’s processing facilities in Kodiak.
The deal includes three processing plants: Star of Kodiak, Alkod, and Kodiak Near Island – as well as the Plaza bunkhouse apartments for team member housing. The price of the acquisition was not disclosed.
Trident’s employees at Kodiak are to be retained by Pacific Seafood, the announcement said.
“Kodiak is home to some of the most abundant and sustainable fisheries in the world, and we are honored to partner with our new, very talented team members, the fleet and the community to unlock new opportunities for this region,” said Ashton Meier, Pacific Seafood’s Vice President of Processing, who will lead the combined operations. “With Pacific Seafood’s vertical integration, global market access, and value-added capabilities, we are ready to deliver unmatched value and stability for Kodiak’s hardworking fishermen and our customers worldwide.”
Meier has been working closely with the Kodiak team and fleet to ensure a seamless transition for the upcoming cod and pollock seasons. According to Pacific Seafood, this expanded capacity will allow their company to better serve and support their fishing partners in the Gulf of Alaska and West Coast fisheries. Pacific’s domestic distribution network has facilities nationwide, plus a transportation team of more than 200 trucks and an air freight division.
Pacific Seafood, founded in 1941, began as an independent retailer in Portland, Oregon. Today, Pacific Seafood remains family-owned and operated, with more than 40 facilities in the United States and Canada and more than 3,000 employees and product distribution worldwide.
Founded by Frank Dulcich Sr. and his son Dominic, the company today is under the leadership of third generation president and CEO Frank Dulcich.
