Something's supposed to be fishy at Trident Seafoods. The vertically integrated seafood business hauls in salmon, crab, and assorted other fin- and shellfish from the icy waters of Alaska and the Pacific Northwest. It then processes and cans or freezes them for retail food and foodservice customers. Trident operates a fleet of some 30 processing boats and trawlers, as well as about 20 onshore processing plants in Alaska, Washington, and Oregon. The company's portfolio includes Trident, Louis Kemp, and SeaLegs brand of surimi (crab-flavored processed fish). Trident owns Port Chatham Smoked Seafood, which smokes salmon and tuna under the Portlock label. The company operates a single retail store in Seattle.
The seafood company's operations stretch across Alaska and the Pacific Northwest.
Aside from its fleet of about 30 processing boats and trawlers, Trident boasts 20 onshore processing plants spanning three US states: Alaska, Washington, and Oregon. It also has a retail presence in Washington with a Seattle store.
Mergers and Acquisitions
Trident has grown in recent years by buying businesses that were in the process of being offloaded by competitors. To this end, Trident acquired Icicle Seafoods' surimi analog business in 2010 as part of the company's strategy of expanding its presence in the retail market and increasing its value-added product offerings. Previous acquisitions include Wrangell Seafoods, the surimi unit of ConAgra Foods, and the Louis Kemp brand.
The company was founded in 1973 by chairman Chuck Bundrant. – less