
The Bristol brand will remain, and its employees will join the Mark Foods team
Bristol Seafood
The U.S. importer, processor, and marketer of seafood products, Mark Foods, has confirmed the acquisition of the Maine-based company known for its premium scallops and groundfish, Bristol Seafood.
Following this transaction, the Bristol brand will remain, and its employees will join the Mark Foods team. At the same time, production capacity and market presence in the U.S. will be increased.
In addition, Peter Handy, President and CEO of Bristol, will continue to lead category management for premium scallops, groundfish, and other value-added products. He will also serve as Chief Operating Officer of Mark Foods, join the company's Board of Directors, and become a shareholder.
"With the addition of Bristol, we will be able to support our customers with new categories, enhance our team, and expand our production footprint to include the Northeast region," noted Barry Markman, CEO, Mark Foods.
Moreover, he added: "We are enthusiastic to explore Bristol's B Corp Certification and how we can bring these best practices and this certification to our company as a whole. We look forward to welcoming Peter and his team and working together to serve our customers and drive new levels of growth."
In recent years, Mark Foods has made a series of strategic investments to become a market-impacting player. These include the acquisitions of Arista Industries in 2023, Endeavor Seafoods in 2021, and Openwater Seafoods in 2020.
Mark Foods, founded in 2002, has long standing relationships with many of the top seafood producers globally and is focused on delivering these premium product offerings to its diversified base of food service and retail customers throughout the United States.
The company recently opened a sales office in Singapore to expand its sales effort into the Asia Pacific region. Through its joint venture processing facility in Orlando, FL, Mark Foods is processing over 15 million pounds of value-added seafood offerings for retailers, chain restaurants and distributor accounts.