Cooke acquires Slade Gorton, seafood manufacturer
Maryam FaragNews Business Management #seafood aquisition cooke Slade Gorton
Cooke Inc. has entered into a binding purchase agreement to acquire Slade Gorton, one of the U.S. largest distributors, importers, and manufacturers of fresh and frozen seafood.
Thomas Slade Gorton, Jr. began as a fisherman’s apprentice aboard schooners fishing on the Grand Banks off Newfoundland, Canada and founded the Company in 1928. His son, Michael Gorton, Sr., has led the company for over 50 years.
Slade Gorton will continue to be led by fifth generation family members Kim Gorton, CEO and her brother Mike Gorton Jr., EVP, Business Development, who will both remain in their roles.
“There could be no better fit than Glenn Cooke and the incredible global company his team is building. We are excited to join forces with the Cooke family of companies to take the Gorton family’s legacy forward,” said Kim Gorton, CEO, Slade Gorton.
Slade Gorton currently offers more than 800 premium seafood products and maintains long-standing partnerships with hundreds of leading North American foodservice and retail customers.
“Cooke and Slade Gorton share a passion for ensuring that everyone has an opportunity to enjoy delicious, nutritious and sustainable seafood whether dining at home or in a restaurant,” said Glenn Cooke, CEO of Cooke Inc. “We will build on the expertise, innovation, and deep commitment to its customers’ success that Slade Gorton is so well-respected for. Working together with the True North Seafood sales team and leveraging Cooke’s global infrastructure and reach, we will help support our customers in increasing consumption of seafood in North America.”
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