On August 9, 2022, our client Bencis completed its sale of Morubel and Ristic (together the ”Company”) to Cooke. The Company is the leading shrimp processor in Western Europe that cultivates, processes, packs and distributes shrimp and other seafood products.
The Company distributes its market-leading organic and frozen products to retail, foodservice and food industry customers across Europe in Spain, Portugal, Germany, Belgium, the Netherlands, Luxembourg, Italy, and France.
The Company is a leading Western European shrimp processor, and its product range includes Argentina red shrimps, tropical prawns and shrimps, Vannamei prawns, Black Tiger prawns, northern prawns, mussels, scallops, crayfish, squid.
Founded in 1954, the Company was acquired in 2014 by Bencis Capital, an independent investment company.
The Cooke family of companies includes global aquaculture divisions consisting of its wholly-owned subsidiary Cooke Aquaculture Inc. and Kelly Cove Salmon Ltd, as well as seafood and wild fishery divisions under Cooke Seafood USA, Inc., Wanchese Fish Company, Inc., Omega Protein Corporation, Cooke Uruguay S.A. and Seajoy Seafood Corporation, one of the largest premium shrimp farms in Latin America.
Cooke was recently named as one of the Top 25 Seafood Suppliers in North America for Sustainability & Conservation. Cooke Aquaculture Inc. has been recognised for seventeen years as one of Canada’s Best Managed Companies. Winners are amongst the best-in-class of Canadian owned and managed companies demonstrating strategy, capability, and commitment to achieve sustainable growth.
Bencis is an independent investment company that supports business owners and management teams in achieving their growth ambitions. Working out of offices in Amsterdam, Brussels and Düsseldorf, Bencis has been investing in strong and successful businesses in the Netherlands, Belgium and Germany since 1999.