G2 Announces Cross-Border Transaction

G2 is pleased to announce that our client, Slade Gorton & Co., Inc, a leading U.S.-based seafood distributor, has entered a strategic partnership with Samherji, a leading seafood company based in Iceland, through a minority recapitalization.

“Samherji has made a significant investment in Slade Gorton, and is glad to have the opportunity to partner with a company with such a long standing legacy in the seafood industry,” Gustaf Baldvinsson, head of sales at Samherji, said in a release issued by Slade Gorton

Slade Gorton, a third generation importer and distributor, will remain majority owned and controlled by Gorton family. Slade Gorton said the deal will expand the distribution of Samherji products in the U.S. market. It will also “support the continued expansion of Slade Gorton’s value added line of business”, it said.

“This partnership with Samherji is an exciting development in the evolution of Slade Gorton,” said Slade Gorton President & CEO, Kim Gorton, in a statement.

G2 Capital Advisors served as the exclusive advisor to Slade Gorton.

About Slade Gorton

Slade Gorton is one of America’s largest importers, distributors and manufacturers of fresh, frozen and premium value-added seafood products. Founded in 1928, Slade Gorton is a privately held, multi-generational family business committed to feeding America with wholesome, nutritious and sustainable seafood.

About Samherji

Operating in a system of resource management where the aim is sustainable fishing, Samherji, founded in 1983, is a leading seafood company in Iceland. Outside Iceland, Samherji has or takes part in operations in Germany, Poland, U.K., the Faroe Islands, Africa, Canada, France and Spain. Samherji is involved in all stages of the value chain from fishing, farming and processing to export and sales. The strong position of Samherji together with knowledge, experience and strong quota ownership in all species ensures that the company can minimize risks and ensure stability.

About G2 Capital Advisors

G2 Capital Advisors provides investment banking, financing and restructuring advisory services to the middle market. We offer integrated, multi-product and sector-focused services by pairing highly experienced C-level executives with specialist investment bankers. We aspire to be the trusted advisor of choice to our clients including corporations and institutional investors.

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