Orca Bay Seafoods and Odyssey Foods Merger
A new company has been formed that is jointly owned by Orca Bay Seafoods, Inc. and Odyssey Foods, LLC and the companies will merge their sales and operations into a single entity. Merging the two marketing and value-added processing businesses will result in greater efficiencies and economies of scale and enhance the product mix available to customers.
The owners of both Orca Bay and Odyssey bring a common vision and business philosophy as well. Sealaska Corporation acquired a majority interest in Odyssey earlier this year. Tokusui Corporation of America is the long-time owner of Orca Bay. Both Sealaska and Tokusui share a foundation built on honesty, community and respect and those core beliefs will continue to guide the new combined enterprise.
Founded in 1983, Seattle Washington based Odyssey supplies a multitude of seafood products under its Treasures from the Sea and Chef's Treasures brands to both supermarkets and foodservice distributors and provides private label frozen food products processed and packed at its Seattle based processing facility.
About Orca Bay
Based in Renton, Washington, Orca Bay has been a leading North American Seafood processor and distributor since 1985. Orca Bay processes and packs its products at its Renton processing facility and distributes retail and foodservice seafood products under the Orca Bay brand to club store and foodservice accounts.
Sealaska, an Alaska Native Corporation owned by more than 22,000 shareholders, invests in several sectors including natural food, seafood, maritime services and environmental services.
Tokusui Corporation was founded in 1924, headquartered in Japan with offices also in Singapore and North America. Tokusui has holdings in many areas including food processing, wholesaling, and distribution.
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