Financial Advisor
New England Seafood International
M&A Advisory
Has Been Acquired By
Transaction Details
On October 2, 2026, Sealaska Corporation (“Sealaska”) announced that it has divested its interests in European seafood with the sale of Sealaska Foods International Holdings Limited (“SFIH”), comprising New England Seafood International Limited (“NESI”), as well as companies in Norway, Iceland and the USA, to Sojitz Corporation (“Sojitz”), a Tokyo-listed global trading and investment group.
About the company
New England Seafood International
New England Seafood International is a leading European seafood platform. Headquartered in the UK, it imports, processes and supplies fresh and frozen sustainably sourced seafood from fisheries and farms worldwide, serving retail, foodservice and wholesale customers across Europe, the USA and Canada. NESI supplies both private label and its own consumer brands, including Leap and Fish Said Fred. It is part of Sealaska Foods International Holdings Limited, alongside affiliate businesses in Norway, Iceland and the USA.
Sojitz Corporation
Sojitz Corporation is a Tokyo-listed global trading and investment group operating across seven divisions, with annual revenue of c.¥2.8 trillion (c.$17.5bn), 27,200 employees and 80 overseas offices. Within its Retail and Consumer Service division, Sojitz is a major player in seafood, with established positions including The Marine Foods Corporation in processing, TRY Inc. in frozen tuna and Sushi Avenue in U.S. takeout sushi, alongside its own tuna farming and processing operations. Sojitz has positioned Europe and the U.S. as key high-growth markets for high value-added seafood. Through this acquisition of SFIH, Sojitz Group aims to establish a strategic hub and broaden its global sourcing capabilities, with the intention of securing new supply networks to address strong seafood demand in Europe and the USA.
Sealaska Corporation
Sealaska is an Alaska Native Corporation headquartered in the United States. Through its subsidiary Woocheen, it owns and operates global ocean health businesses in seafood, geosciences, and environmental construction. Sealaska invests in businesses that improve ocean health, sustain healthy homelands in Southeast Alaska, and deliver lasting benefit to its shareholder communities. Founded in 1972, Sealaska is owned by 27,000 Alaska Native shareholders.
-
Sources: Sealaska Press Release, Sojitz Press Release & Company Information
This material has been prepared solely for informational purposes as of its stated date. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this material. All information and data included in this material has been sourced from company announcements and other sources cited in this material, but Stephens has not independently verified such information and does not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of this material. Stephens does not undertake to advise you of any changes in any such information. Additional information is available upon request.
“Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2026 Stephens.