Online seafood firm Captain Fresh acquires US-based distributor

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Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash.

29 November, 2024
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Introduction

Online seafood firm Captain Fresh has acquired CenSea Inc, a US-based frozen fish and seafood importer and distributor, the former’s founder and chief executive Utham Gowda told ET.

Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash. CenSea, which has a pan-US presence, will become the “mainstay” of Captain Fresh’s US business, he added.