The match brings together years of collective experience in seafood harvesting, manufacturing and distribution. Sea Watch International, a high quality producer of clams and many other value added seafood products brings added production capabilities to Look's for it's Bar Harbor® and Atlantic® product portfolios. Sea Watch, operates 35 fishing vessels and four production facilities on the East Coast and is currently focused primarily on food service and co-packing manufacturing and distribution. Through their new partnership with Look's, Sea Watch immediately expands into all natural, sustainable seafood retail grocery distribution.
Bob Brennan, the CEO of Sea Watch International, commented: "The partnership with Bar Harbor will strengthen Sea Watch's position and growth in the U.S. retail segment. Our integrated production capabilities and highest quality standards will further support the rapidly growing Bar Harbor brand to become the priority choice for our retail customers across the U.S. Sea Watch is excited to welcome Michael Cote and his team at Bar Harbor into the Sea Watch family."
Michael Cote, CEO of Look's Gourmet Food Company and now Sea Watch partner in this transaction will remain in his current position and work closely with Sea Watch to integrate it's resources, capabilities and efficiencies. Cote commented: "These are exciting times for our company, employees and brands. A partnership with Sea Watch brings forth so many new and exciting opportunities to further develop and strengthen our mission for the brand's current and new products. The folks at Sea Watch are great people and will be able provide us the resources and opportunities that allow us to stay on our mission of bringing many new and innovative products to market in the natural, sustainable, wild caught space."
Look's Gourmet Food Company / Bar Harbor® Foods
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sea-watch-international-has-completed-a-major-investment--partnership-transaction-with-bar-harbor-foods-300324199.html
SOURCE Look's Gourmet Food Company