Overview
Revenue
$100 to $500 million (USD) per year
Clearwater Seafoods is one of North America's largest vertically-integrated seafood companies with over 1,900 employees in offices, plants and vessels around the world. The Bedford-based company operates from ‘ocean to plate’, owning its own fishing quotas, vessels and processing facilities, while also providing delivery to its customers worldwide. Clearwater is recognized globally for its superior quality, food safety and diversity of premium wild-caught seafood, including scallops, lobster, clams, coldwater shrimp and crab. As a leading harvester, processor and marketer of sustainably-sourced seafood, Clearwater supplies its products to wholesalers, retailers and foodservice distributors throughout the world. Selling its products globally under both the Clearwater and private label brands. Since its founding in 1976, Clearwater has invested in its resource ownership and management to sustain and grow its wild seafood resource. This commitment has established Clearwater as a global leader in sustainable seafood excellence. In 2015, Clearwater Seafoods acquired the Scotland-based Macduff Shellfish Group, bringing together two of the world’s leading and fastest growing vertically-integrated wild shellfish harvesters. Macduff’s product portfolio closely complements Clearwater’s product offerings with King and Queen scallops, langoustine, brown and velvet crab, and whelk. To learn more about Clearwater, please visit www.clearwater.ca. Clearwater Seafoods distribution and marketing of seafood. Clearwater Seafoods, Inc. distributes shellfish and seafood. The Company processes and sells seafood including sea scallops, lobster, clams, shrimp, crab, and masago. Clearwater Seafoods serves worldwide. Don't worry, even if Clearwater Seafoods gets a little crabby and clams up, it's entitled. Clearwater Seafoods harvests, processes, and distributes fresh and frozen fish and shellfish to sell worldwide. It holds major offshore rights to harvest clams, crab, lobster, scallops, and shrimp off the northeastern coast of Canada. Clearwater Seafood operates its own fleet of ships, along with off-shore and on-shore processing facilities. Founder Colin MacDonald retired as CEO in 2010 but remained chairman. Food industry veteran Ian Smith succeeded him. Family-owned Cooke Aquaculture, a salmon farming firm with operations in Canada, Maine, and Chile, owns about 20% of the Fund and is seeking to acquire the rest.