Blue Harvest Fisheries, backed by its investor Bregal Partners recently announced the acquisition of Harbor Blue Seafoods’ seven scallops vessels and related assets in Massachusetts from Harbor Blue Seafood.

Blue Harvest now owns 15 scallop vessels that operate in Newport News, Va., and New Bedford, Mass.

“Blue Harvest is now clearly positioned as an industry leader in terms of access to the highly valuable Atlantic sea scallop resource,” said Jeff Davis, president and CEO of Blue Harvest, in a release, noting that the acquisition supports their existing operations in Virginia.

The deal also gives Blue harvest access to other species.

“The acquisition of HBS is consistent with the Company’s overall strategy of building a vertically integrated premium seafood company,” said Davis, adding “Harbor Blue’s involvement with premium products such as bluefin tuna and swordfish expands the Company’s overall product portfolio.”

Have you listened to this article via the audio player?

If so, send us your feedback around what we can do to improve this feature or further develop it. If not, check it out and let us know what you think via email or on social media.

Samuel Hill is the former associate editor for National Fisherman. He is a graduate of the University of Southern Maine where he got his start in journalism at the campus’ newspaper, the Free Press. He has also written for the Bangor Daily News, the Outline, Motherboard and other publications about technology and culture.

Join the Conversation