March 16, 2019
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Farallon Nicaragua, by Cooke Inc, a parent of Cooke Aquaculture Inc.
Farallon Aquaculture de Nicaragua S.A. (“Farallon Nicaragua”), headquartered in Leon, Nicaragua, is a vertically integrated producer of farmed shrimp and a leading supplier of branded fresh-frozen shrimp to major markets in Asia, Europe and the U.S.
“Farallon Nicaragua is a company guided by the highest international standards in environment, health, security, and quality – all attributes shared with our existing aquaculture and wild seafood fishery divisions,” said Glenn Cooke, CEO of Cooke Inc. “With their long-term expertise in the shrimp market, and emphasis on continuous innovation, Farallon is well positioned to support our expansion in the shrimp market to supply high quality, sustainable seafood.”
The Cooke Inc. family of companies includes global aquaculture divisions including its wholly-owned subsidiary Cooke Aquaculture Inc. and Kelly Cove Salmon Ltd., as well as seafood and wild fishery divisions under Cooke Seafood USA, Inc., Icicle Seafoods, Inc., Wanchese Fish Company, Inc. and Omega Protein Corporation. Cooke Aquaculture Inc. was recently recognized as the top private growth company in Canada by Grant Thornton and the Canadian Chamber of Commerce.
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