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Silver Bay Seafoods takes over OBI processing plants

Summary by Wrangell Sentinel
Sitka-based Silver Bay Seafoods has reached a deal to acquire a 50% stake in OBI Seafoods, expanding the company’s processing capacity in Alaska. The company announced March 19 that it will take over management of all OBI facilities and operations including plants in Southeast, Southcentral and western Alaska, and Washington state. Silver Bay is buying Icicle Seafoods’ 50% stake in OBI, partnering...
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Silver Bay Seafoods takes over OBI processing plants

Sitka-based Silver Bay Seafoods has reached a deal to acquire a 50% stake in OBI Seafoods, expanding the company’s processing capacity in Alaska. The company announced March 19 that it will take over management of all OBI facilities and operations including plants in Southeast, Southcentral and western Alaska, and Washington state. Silver Bay is buying Icicle Seafoods’ 50% stake in OBI, partnering...

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Wrangell Sentinel broke the news in on Wednesday, March 26, 2025.
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