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The company said the acquisition of two leading brands, such as Mrs. Paul's and Van de Kamp's, positions it to scale in U.S. retail.

An independent investigation estimates that these products constituted just under 1% of the total volume of fish and approximately 0.5% of PNS's revenue over the last three years.

Tiffany Hicks, the new Senior Vice President for Foodservice and Wholesale, comes from Bumble Bee Foods and Danone North America.

The American Shrimp Processors Association applauded the U.S. International Trade Commission's decision on what they consider "unfair trade in imported shrimp."