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Pete McAleney walked into New Meadows Lobster on the Portland waterfront 37 years ago, intending to buy lobsters for visiting in-laws. He walked out with an offer to become a partner in the business, which he would soon accept.

 

McAleney, who had been a teacher, went on to buy out the partner in short order and New Meadows eventually became one of the state’s largest lobster dealers, supplying Hannaford supermarkets and many of the city’s restaurants, including the one next door – DiMillo’s on the Water.

 

Last week, a partnership of the family that owns DiMillo’s bought New Meadows for $1.6 million, which includes the wholesale and retail business and a 26,800-square-foot pier.

 

McAleney and his wife, Kathleen, will continue to run the business, although the new owners have asked McAleney to start thinking about a successor.

 

Read the full story at Portland Press Herald>>

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