Saturday, February 09, 2019 5:13:26 PM
"The borrowing environment is as good as it has been for a while for US seafood companies, for example, with lots of liquidity, low rates – under 5% a year – and other especially strong terms for five-year loans, the kind used to finance acquisitions in the industry, he told Undercurrent. Seafood company executives know this won’t last forever and they don’t want to miss their window, he said. If they plan to grow by acquisition, they can’t be assured that it will be as cheap to do so in two or three years."
Source: https://www.undercurrentnews.com/2019/01/07/nine-big-seafood-ma-moves-to-watch-for-in-2019/
Do I think this means a buyout is imminent? No that would be a little premature. What it does tell me is that large companies, the types with billions in revenues, are highly interested in growing in this industry. They know where the future of fish production is going and it's not going to be on a boat. Soon we will look at wild caught the same way we currently think about "farmed" fish. It will become the preferred process. Once the trial results are out, they will be looking to work with both Natural Shrimp and F&T Water Solutions. Why? Because it's going to be the highest yielding, most cost effective, cleanest and most environmentally friendly method out there. Think about those 4 things for a second. Producers will love it because of the first 2 and consumers once educated, will want a clean product.
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