Alliance buys 6 fishing vessels for tuna supply

MANILA, Philippines – Seafood producer Alliance Select Foods International Inc. has acquired six commercial tuna vessels worth $15 million, giving the company

better control of fish supply such as for its canned tuna processing plant in General Santos City in Mindanao. This follows the company’s $8.5-million takeover of Massachusetts-based salmon processor Spence & Co. Ltd., a deal which marked the foray by Alliance–erstwhile mostly manufacturing tuna as a while-label producer for the brands of other companies–into the branded food business. http://business.inquirer.net/81268/alliance-buys-6-fishing-vessels-for-tuna-supply

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