ウミオス announced that it will acquire High Liner Foods, a major Canadian frozen seafood company. The acquisition price is approximately ¥89.0 billion, and ウミオス plans to acquire all shares and make HLF a wholly owned subsidiary in January 2027.
ウミオス announced the acquisition of HLF on the 26th, stating that the acquisition price would be approximately ¥89.0 billion and that it plans to acquire all shares of HLF in January 2027 and make it a wholly owned subsidiary. ウミオス said the acquisition is intended to drive growth in North America.
HLF is a Canadian company founded in 1899 that produces frozen seafood products, including breaded fish, and sells them under its own brands and as private-label products in the United States and Canada.
For the fiscal year ended December 2025, the company's revenue rose 7% from the previous fiscal year to US$1.02689 billion, while net income fell 39% to US$36.55 million. It has 3 production facilities in the United States and Canada, with annual production capacity of approximately 80,000 tonnes.
ウミオス currently supplies HLF with walleye pollock sourced in Alaska and aims to expand sales of its own products by leveraging HLF's customer base.