Icicle Seafoods to acquire Snopac Products
Wednesday, February 29, 2012
SEATTLE (AP) -- A large, Seattle-based diversified seafood company says it has reached a preliminary agreement to acquire Snopac Products.
Icicle Seafoods president and CEO Dennis Guhlke said Wednesday his company is excited about the agreement with Snopac, an independently owned and operated seafood processing company with operations in Alaska and Seattle. Terms were not disclosed.
Snopac operates a seafood processing plant in Dillingham, Alaska, and a seafood processing vessel. It has a significant presence in the Bristol Bay sockeye salmon fishery and also participates in herring and pink salmon fisheries.
Icicle's Guhlke says the transaction will allow his company to expand its operations through a modernized shore-based processing facility and an efficient vessel processor.