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New Deal


Announced

Riverence to acquire Clear Springs Foods.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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seafood

Acquisition

Single Bidder

fillets

Pending

bakeable products

Friendly

food products

Private

United States

breaded portions

Majority

Farming Fishing Ranching and Plantations

Synopsis

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Riverence, a producer of steelhead and rainbow trout, agreed to acquire Clear Springs Foods, a manufacturer and seller of food products. Financial terms were not disclosed. "With this investment, we are deepening our commitment to doing what's right in support of our communities, the fish we produce, and the natural resources we share. Together, we stand ready to redefine farm-raised fish and the future of American aquaculture," Rob Young, Riverence CEO.

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