August 2, 2010

Nippon Suisan acquires frozen-seafood manufacturer Delmar

Japan's Nippon Suisan Kaisha Ltd. has acquired frozen-seafood producer Delmar Co. in July for an undisclosed price.

Nippon Suisan, known as Nissui, bought all of Delmar's shares from its parent company.

Based in Chiba, Delmar supplies frozen-seafood products like fish burgers and fish sticks to restaurants. It logged JPY8.7 billion (US$100 million) in sales in 2009.

Nissui, a seafood company that also makes prepared and processed foods, will use Delmar's processing plants in Chiba, Thailand and elsewhere to strengthen its own commercial food business.