Seafood companies merge to create new industry leader
HJ Nolan Ltd, one of Ireland's leading seafood producers for more than 100 years, will this year merge with its counterpart Carr & Sons, in a merger that will result in a new and exciting company leading Ireland's thriving seafood industry.
9 January 2019 | 0
Dublin-based HJ Nolan Ltd. will merge with Mayo-based Carr & Son Seafood Ltd. in a deal that will come into effect from March 2019. The merger will unite the strongest seafood company in Ireland (Nolan’s) with one of the most innovative.
With much in common, the amalgamation between the two will successfully keep customers at the leading edge of fish processing through innovation and quality, both companies said in a joint statement. The businesses will complement each other in terms of product range and market coverage, establishing the strongest seafood business in the Irish seafood sector.
Once the deal is complete, Carr’s state-of-the-art facility on the Wild Atlantic Way will be supported by a sales office located in Dublin and will be well-positioned to navigate into the future. Mutually determined to enthusiastically seize opportunities and face uncertainties, the companies also intend to maintain their commitment to environmentally friendly business practices. Nolans Quality Seafood Ltd. was founded in 1912, and remains a family-owned and run business more than 100 years later. Nolans produces a selection of the finest quality smoked and fresh fish products for the domestic and worldwide market.
Meanwhile, Carr & Sons was acquired by Swedish seafood group Mondi Group AB in 2014. It was originally established in 1946 and the Mondi Group AB has continued the tradition of the previous owners to produce and distribute a range of chilled pre-packed smoked, fresh and ready to eat seafood products for the retail trade. Since the buyout in 2014, the experienced workforce has through continual improvement and modernisation expanded efficiencies, quality and processing capacity which has facilitated exciting new product development.
Erling Charleson, owner and founder of Mondi Group AB, said he is confident this merger will be an exciting new chapter for both companies.