Umios has agreed to acquire Canadian seafood major High Liner Foods Incorporated for approximately ¥89 billion, with the shares to be acquired on the 26th and the company to become a wholly owned subsidiary in January 2027. This will bring its North American brand strength and distribution network into the group, expanding its sales network from seafood supplies to the entire value chain from production to the dining table.
Umios has signed an agreement to acquire Canadian seafood major High Liner Foods Incorporated for approximately ¥89 billion and will acquire all of its shares on the 26th. High Liner Foods is expected to become a wholly owned subsidiary in January 2027.
High Liner Foods’ processing capabilities for high-value-added products, established brand strength in North America and extensive distribution network will join the Umios group. This will strengthen the group’s ability to cover the entire seafood value chain, from procurement to the dining table.