Clearwater Seafoods Incorporated
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Clearwater Seafoods Incorporated - overview
Established
1976
Location
-, NS, Canada
Primary Industry
Food
About
Clearwater Seafoods Incorporated is a Canadian company that produces and distributes premium quality, wild, and sustainable seafood products, specializing in shellfish harvested from responsibly managed fisheries. Founded in 1976 in Bedford, Canada, Clearwater Seafoods Incorporated operates in the seafood industry, focusing on the production and distribution of high-quality seafood. Ian Smith serves as the current CEO of the company. Clearwater specializes in the production and distribution of premium quality, wild, and sustainable seafood.
Their core offerings include an array of shellfish products such as scallops, clams, shrimp, snow crab, Norway lobster, rock crab, and whelk, harvested from responsibly managed fisheries. The company is committed to sustainability, ensuring that its products meet rigorous environmental standards and are traceable from ocean to plate. Clearwater primarily serves foodservice clients and retailers, catering to both commercial and individual end-users who prioritize quality seafood. The geographical markets for Clearwater's products extend beyond North America, with a significant presence in international markets, enhancing their reach and consumer engagement globally.
In 2019, Clearwater Seafoods Incorporated generated revenue of USD 464. 61 mn and reported an EBITDA of USD 98. 10 mn. Revenue is generated through various channels, including direct sales to foodservice providers and retail partnerships, positioning them as a key player in the seafood market.
Transactions typically involve B2B arrangements where wholesalers and distributors purchase large quantities of seafood to supply to restaurants and grocery chains. The company has established pricing structures based on product types, with flagship items like their snow crab and lobsters commanding premium prices in line with their quality and sustainability commitments. Strategic partnerships enhance distribution capabilities, allowing Clearwater to maintain a steady flow of supply to its diverse client base.
Primary Industry
Food
Sub Industries
Meat, Poultry & Seafood Products, Fishing & Seafood
Website
www.clearwater.ca
Total Amount Raised
Subscriber access only
Clearwater Seafoods Incorporated - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Clearwater Seafoods Incorporated - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | MacDuff Shellfish | - |
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Clearwater Seafoods Incorporated - employee data
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