Raptis Seafood, the privately-owned, Australia-based, fish and seafood group, is canvassing for investment.
The company, which supplies Australia’s retail and foodservice channels, has hired local advisory firm Kidder Williams to help it net investment.
Raptis Seafood’s interest in bringing in outside investment was first reported by The Australian Financial Review.
David Williams, the managing director at Kidder Williams, said the seafood processor was “open” to either majority or minority investment “depending on what an investor brings to the party and their rationale”.
He said there had already been a “fair bit of interest of the back of the AFR from off-shore fishers wanting a channel into the Australian market”.
Raptis Seafood, which has a product portfolio that includes the Ocean Port, Seaport and Agrios brands, wants to expand its range and broaden its geographic footprint, Mr Williams told Just Food.
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By GlobalDataHe added potential investors could be from the “trade but a few PE have investments in the industry where this could be part of a roll-up”.
