16/09/2026
Seafood giant Cooke Inc. wants to invest more in its Canadian operations, but a major reason for deals like its recent Avramar Greece acquisition is because “we haven't been able to grow fast enough in Canada to stay competitive,” according to Joel Richardson, vice president of public relations for Cooke Inc.
Richardson told attendees at the Cold Harvest and Aquaculture Conference in Newfoundland on Wednesday that Glenn Cooke, owner of the Canada-based seafood giant, would “like to spend about three-quarters of a billion dollars in Canada over the next 3 to 5 years.”
“But there is tremendous pressure to spend that three-quarters of a billion dollars not in Atlantic Canada, but in Scotland, or in Chile, or in other places where we farm,” Richardson said during a conference panel discussion. “That sucks.”
Read the full story here: https://www.intrafish.com/aquaculture/-that-sucks-cooke-builds-abroad-with-avramar-while-major-canadian-investments-wait-in-line/2-1-2044624?abtest=a