Raptis Seafood, a privately-owned fish and seafood group based in Australia, is actively seeking investment opportunities to enhance its operations. The company, which serves both retail and foodservice channels across Australia, has engaged the local advisory firm Kidder Williams to assist in attracting investors.
This initiative to seek external funding was initially reported by The Australian Financial Review. David Williams, Managing Director at Kidder Williams, noted that Raptis Seafood is “open” to both majority and minority investments, depending on the contributions and strategic vision that potential investors can bring to the table. He clarified that substantial interest has already been generated from offshore fishers looking to penetrate the Australian market.
Raptis Seafood boasts a diverse product lineup that includes the Ocean Port, Seaport, and Agrios brands. The company aims to widen its product offerings and expand its market presence, as highlighted by Mr. Williams in his comments to Just Food.
Additionally, opportunities abound in the broader food and beverage industry trends, and many investors, including those from the private equity sector, could find value in Raptis Seafood. Since its inception in 1962, Raptis Seafood has established itself as a vertically integrated enterprise, operating 19 vessels and sourcing seafood from four fisheries across Australia.
In the backdrop of heightened interest in the seafood sector, major players worldwide have been consolidating their positions. Notably, two years ago, the Australian seafood company Tassal Group was acquired by Canada-based Cooke, specializing in Atlantic salmon and prawns marketed both domestically and for export. Similarly, Brazil’s JBS, a powerhouse in the meat industry, acquired Australian seafood processor Huon Aquaculture a year prior.
Lastly, as Raptis Seafood looks to tap into fresh investment avenues, it aligns with the broader dynamics in consumer trends related to food and drink. Potential investors should take note of the shifting landscape and the company’s commitment to innovation and expansion in the thriving food and beverage market.
As Raptis Seafood embarks on this investment journey, the company could potentially reshape its future and enhance its competitive edge within the rapidly evolving food and drink business.
