Mark Foods to acquire a seafood division from Arista Industries.

Transaction Tags

• United States
• marine products
• Farming Fishing Ranching and Plantations
• Acquisition
• Domestic
• Private
• Majority
• Pending
• Friendly
• Single Bidder

Synopsis

Mark Foods, a provider of premium and environmentally responsible marine products, agreed to acquire a seafood division from Arista Industries, a supplier of a wide range of nutritional supplements, pet food, vegetable, marine, industrial, and essential oil products. Financial terms were not disclosed. "We are excited to have found a strong partner in Mark Foods. With the entire Arista Seafood team joining Mark Foods, we anticipate a seamless transition for our customer and supplier partners. Mark Foods' and Arista's cultural alignment on commitment to quality, service and sustainability positions the combined company for long-term success to the benefit of our customers, suppliers and employees," Alan Weitzer, Arista Industries President.

Sources