Monday, March 15, 2010

Cooke Aquaculture Signs Letter of Intent to Purchase Seafood Distribution Company

Cooke Aquaculture has announced the signing of a Letter of Intent to purchase the assets of Ocean to Ocean and its subsidiary Ocean King.

Ocean to Ocean is an importer, frozen seafood distribution and marketing company based in Montreal. Its main customers are major retailers in North America and its products, including value added seafood products, farmed salmon, tilapia and shrimp and wild caught scallops and haddock, are sold both under their own brand name and under retail and private labels.

Ocean King, which was purchased by Ocean to Ocean in 2009, is an added value processor of seafood with a processing facility in Philadelphia. The company produces products such as salmon pinwheels (salmon stuffed with seafood), salmon burgers and other niche products that are sold to major retailers across North America. Together

Ocean to Ocean and Ocean King generate over $40 Million in annual sales. CEO of Cooke Aquaculture Glenn Cooke said they are pleased to be able to expand the value added and distribution part of ourgrowing corporate family. The purchase will enable us to strengthen our position with North American retailers in the value added and frozen seafood category.

The deal is expected to close at the end of March. Once it has been completed, Ocean toOcean will add approximately 65 employees to the Cooke family of 1900 and a leased facility in Philadelphia to its operations. Cooke Aquaculture Inc. is an east coast family-owned company based in Black’s Harbour with operations in Atlantic Canada and Maine. Cooke also owns Salmones Cupquelan, a salmon farming company in southern Chile.

Juneau to be Liberal candidate in Charlotte-Campobello

A native of St. Stephen and former federal government employee will be the Liberal candidate for Charlotte-Campobello in the upcoming provincial elections set for next September. Annabelle Juneau defeated fellow Liberals Ralph Williams and Dave Ganong on Saturday in a packed-house convention at St. Stephen High School.

“I have deep roots in this region, I know it well, and I’m familiar with the working of government,” said Juneau. “So I feel like I could do a lot for this riding if I make it to Fredericton next September.”

Juneau was a federal government employee for 34 years until her retirement late last year. She ended her public service career with Canada Border Services Agency in St. Stephen. The former graduate of St. Stephen High School also spent six years with Human Resources Development Canada, and 15 years with the federal communications department in Moncton where she was the regional operations manager for the Atlantic region.

Juneau says that, if elected, she would support seniors housing, a new building for the fire department on Campobello Island, improvement to education and health services, and job creation.

“This government has a solid record in education, and in health and seniors care too,” said Juneau. “This government has also performed well on the jobs front, especially given that we’re outperforming many other jurisdictions in the midst of a severe recession.”

“I’m anxious to join this Liberal team and roll up my sleeves to help make New Brunswick an even better place to work and live,” added Juneau.

Juneau has deep roots in Charlotte-Campobello. She is the granddaughter of the late businessman Guy R. Day. She also has a business background of her own. Juneau has owned and operated several businesses, including the former Fairy Tales Can Come True and Charlotte County Covered Bridge Tours. She currently owns and operates Nutrition Connection Canada.

Juneau has also volunteered her time to the Charlotte County Cancer Society, the NB Kidney Foundation, and the Aquaculture Fair.

Bringing New Brunswick to the World


New Brunswick Fisheries Minster Rick Doucet, centre, joins chefs Chris Aerni and Lisa Riordon at the True North Salmon booth at the International Boston Seafood Show on Sunday, March 14. Doucet was part of a large New Brunswick contingent on hand to pitch the province’s finest farm raised and wild caught seafood to a large international audience.