snowcrab

Ocean Choice International LP (OCI) is not for sale

February 23, 2016

In response to a recent media report OCI majority owners Martin and Blaine Sullivan confirmed today that the partnership has never been for sale and is not for sale now.

Martin Sullivan noted that “OCI has successful operations with positive financial results and we do not anticipate any problems refinancing OCI’s debt facilities. It is business as usual at OCI.”

OCI believes that recent claims reported in the press related to the partnership’s financial future stem from the court case recently dismissed by the Supreme Court of Newfoundland and Labrador. “As indicated by Justice Orsborn’s decision in our favour, there was absolutely no merit to that claim”, said Sullivan.

“We intend to maintain our position as a leader in the fishing industry and, to that end, we will continue to deliver the highest quality products to our customers around the globe”, concluded Sullivan.

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About OCI

Ocean Choice International is one of Canada’s leading vertically integrated seafood harvesting, processing, and marketing companies with operations throughout Atlantic Canada and Sales and Marketing offices around the world. As Canada’s largest wild fish quota holder, OCI is a leader in fishing and processing technology and market development. For further information visit www.oceanchoice.com.

Media Contact:
Paula Kieley, OCI
T: (709) 782-7122
E: pkieley@oceanchoice.com

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