Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Abalone products. (Photo: Ralph’s Tasmanian Seafood)

Australasia's largest abalone supplier emerges after two firms' merger

Click on the flag for more information about Australia AUSTRALIA
Friday, July 14, 2017, 23:40 (GMT + 9)

New Zealander firm PauaCo and Australian firm Ralph’s Tasmania Seafood Pty. Ltd announced that they will be merging on August 25, an operation that will lead to the creation of Australasia’s largest abalone processor and exporter.

The result of the merger is expected to be a boost for the abalone sector in the region, as PauaCo is a leading force in canned abalone and currently supplies retail and catering markets in Southeast Asia while the Tasmanian company Ralph can provide its expertise in live abalone export to mainland China. 

“We are delighted to be able to announce this merger to the market”, said David Hogg, Chairman of PauaCo. “It marks the beginning of an incredibly exciting period of transformation for the abalone industry on both sides of the Tasman. At the very heart of this deal is better utilization of a wild resource and growth in the value of that resource for all of the stakeholders involved.”

For his part, Ralph Caccavo, Co-Founder of Ralph’s Tasmanian Seafood, welcomed the fact that they have found a business that shares their goals for the future of the industry and that together they can offer the best routes to markets for their suppliers and the best products for their customers.

The consolidation of the two businesses will lead to greater distribution access for live Paua exports from New Zealand whilst allowing the maximization of Australian abalone currently not able to be sold into the live markets.

The new combined entity will become the largest supplier of wild abalone in the world. The value that will be provided back to stakeholders in New Zealand and Australia should grow as a result of the merger.

Formed in 2012, PauaCo is the result of a consolidation of a number of smaller Pāua fishing and processing companies. It is privately owned by fishers and independent shareholders.

Ralph’s Tasmania Seafood was founded in 1996 and is located on the shores of North West Bay in Southern Tasmania. The company operates a modern fleet of temperature controlled vehicles and their own “mother boats”.
 


[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
Sep 26, 02:20 (GMT + 9):
A child’s toy aids salmon growth
United States
Sep 26, 01:30 (GMT + 9):
Cod moves northwards in search of cooler waters
Canada
Sep 26, 01:00 (GMT + 9):
Parasitic sea lice become resistant to pesticides. The solution?
United States
Sep 26, 00:30 (GMT + 9):
Alaska’s salmon industry deems global competition as beneficial
Thailand
Sep 26, 00:10 (GMT + 9):
Grant from Walmart Foundation to address human trafficking in Thai fishing industry
Zambia
Sep 26, 00:00 (GMT + 9):
New USD 10 million feed factory to be opened this week
South Africa
Sep 25, 23:30 (GMT + 9):
Aquaculturists oppose to the state full control of the activity
Canada
Sep 25, 20:00 (GMT + 9):
NAFO Galician fleet satisfied with allocated quotas
Italy
Sep 25, 11:50 (GMT + 9):
C.I.R.S.PE. wants to turn jellyfish into edible product
Mexico
Sep 25, 11:50 (GMT + 9):
Octopus catch collapses due to weather conditions
China
Sep 25, 01:00 (GMT + 9):
Sashimi Raw fish delicacy making its way to plates in Chengdu
Spain
Sep 25, 00:40 (GMT + 9):
Can 3 cans of tuna in olive oil be manufactured and sold for EUR 0.99?
Mexico
Sep 25, 00:30 (GMT + 9):
Mediocre shrimp capture obtained in Baja California
United States
Sep 25, 00:20 (GMT + 9):
Gov. Scott applauds fish hatchery system
New Zealand
Sep 25, 00:10 (GMT + 9):
Minister’s decision erodes Māori fisheries settlement



Lenguaje
FEATURED EVENTS
  
TOP STORIES
105 people poisoned with histamine in tuna uncover suppliers’ fraud
Spain The Civil Guard has investigated 7 people as alleged perpetrators of a crime against public health with food products, the crime of documentary misrepresentation and a crime related to consumers.
A sea change in Pacific fish wars
Japan In ominous times, the world is already at war over fish, and seafood-loving Japan finds itself pitted against fish-hungry nations and region like China, North Korea, Taiwan, and the US.
Hurricane season leads to fishing industry catastrophic loss
Bahamas This hurricane season has caused catastrophic loss in fishing industry in The Bahamas, which led operators to think that a direct hit by Hurricane Maria could sink international markets dominated by Bahamian exports, according to Bahamas Commercial Fishers Alliance President.
Iceland makes bigger profit from warming oceans as fish swim north
Iceland Until about 2000, mackerel were a rare sight in Iceland, an island whose people have survived for centuries by fishing but today they are one of the country's most commercially important fish, both in terms of value and volume.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER