To learn more about NESI, see the NESI fact sheet. The companies similar approach to conservation and sustainability – their “shared, long-standing commitments to fostering a thriving planet” – was also a major factor in bringing them together, Downes said. NESI will also benefit from Sealaska’s ownership thanks to the resources the larger organization can provide, according to Downes. Those places include the Maldives, Australia, Korea – and Alaska. They have this intense red colour. I think we see the world exactly the same way.”. Joining forces will offer both businesses increased access to resources, broader product and category capabilities and deeper market access, according to the announcement. NESI Founder Fred Stroyan will retain a stake in the company. We’re going to run the companies side-by-side and give each the benefit of working with the other on their own terms.”. All rights reserved. The corporations, created under a federal law in 1971 called the Alaska Native Claims Settlement Act, employ 58,000 people worldwide, according to the Alaska Resource Development Council. seafood to retailers and leading food-service b... IntraFish is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. -William Andrews- © 2020 Diversified Communications. “Enormous social, environmental and economic value is possible when strong, like-minded organizations join forces across the world to make a bigger difference. GAPP announces new business partnerships through partnership program, Industry veteran calls for plan to save endangered orcas that doesn’t target Alaska’s Chinook fishermen, Collaboration, “Buy American” efforts emerging from COVID-19 crisis, Former Orca Bay leader joins BBRSDA as new marketing director, DSAR Requests / Do Not Sell My Personal Info. We know that 80 to 90 percent of people know fish is healthy for them to eat, but those that avoid it are doing so in many cases based off an emotional response to a previous bad experience. That made it a logical step to partner with Sealaska’s Alaska Native shareholders, whose people have been sustainably harvesting the sea’s bounty for 10,000 years. “The synergies are huge,” he said. NESI soon saw the need to diversify its lobster business. The enlarged seafood group and enhanced management capacity provides opportunity for further investments to build on successes. They are the state's largest landowners, and combined corporate revenues for the companies is estimated at over $8 billion (€6.9 billion). “Sealaska has had no operations in Europe to date, so we’re entering a different country,” he said. For us to be able to become part of a group where the long-term perspective and values are so similar feels very good.”. Downes told SeafoodSource the NESI acquisition represents a new chapter for Sealaska, as it expands its reach more formally out of North America. He and longtime friend Andrew Crawford partnered, and they initially handled everything themselves: Driving trucks to pick up lobsters and make deliveries from 2 am to 8 pm, administering the business, designing spaces for storage and processing. NESI’s brand will remain independent and continue its three-decade journey, according to the entities. The scale and international reach of this alliance will build on long-standing commitments to sustainable operations. Together, Sealaska and NESI can make a significant difference. “Europe, and Northern Europe in particular, is an area we’ve really had an eye on for a while. Earth’s oceans are key to feeding the world as its human population swells. “We have been looking for a company that is as product- and marketing-driven [as NESI] for a long time. Sealaska, an Alaska Native Corporation, has acquired a majority stake in UK processor New England Seafood International (NESI). New England Seafood reported a 10 percent fall in its 2019 full-year operating profits, however, the group said it was satisfied with the performance "given the challenging trading conditions of the UK high street.". Both take a long-term, global view to enhancing lives and promoting a thriving planet.”. Alaska's 12 Native Corporations have significant investment funds at their disposal. With more than 23,000 shareholders of Tlingit, Haida and Tsimshian background, its purpose is to strengthen its people, culture and homelands. “One of the biggest challenges facing humanity is how to feed, water, educate and house a growing population on a finite planet,” said Sealaska COO Terry Downes. Fred was just 26 years old when he founded New England Seafood International Limited (NESI) in 1991. International Limited (NESI), one of the largest UK seafood suppliers, the In a press release, NESI CEO Dan Aherne said his company’s values and deep connection to Alaska strongly aligned with those of Sealaska.