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HF Foods acquires Sea Ray Foods for expansion

PUBLIC · HFFGAug 18, 2026about 3 hours ago

Acquiring Company

HF Foods Group

Acquired Company

Sea Ray Foods

Las VegasRichmondManufacturingFood and BeverageMedia And EntertainmentFood And BeverageFood and BeverageHospitalityRetail

Description

HF Foods Group Inc. has successfully completed the acquisition of Sea Ray Foods as part of its strategy for international expansion. The purchase was valued at approximately CAD 47.9 million, reflecting the target's revenue growth and profitability. This acquisition is expected to enhance HF Foods' market position and contribute positively to its consolidated margins.

Company Information

Company

HF Foods Group

Location

Las Vegas, Nevada, United States

About

HF Foods Group Inc., headquartered in Las Vegas, Nevada, is a leading marketer and distributor of fresh produce, frozen and dry food, and non-food products to primarily Asian/Chinese restaurants and other foodservice customers throughout the United States. With 16 distribution centers strategically located throughout the nation, HF Foods aims to supply the increasing demand for Asian American restaurant cuisine. With an in-house proprietary ordering and inventory control network, more than 12,500 established customers in over 40 states, and strong relations with growers and suppliers of food products in the US, South America and China, HF Foods Group is able to offer fresh, high-quality specialty restaurant foods and supplies at economical prices to its large and growing base of customers. For more information, please visit www.hffoodsgroup.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Sea Ray Foods?

Sea Ray Foods was acquired by HF Foods Group, based in Las Vegas. The deal was reported on August 18, 2026. HF Foods Group is publicly traded (HFFG) and operates in Manufacturing.

When did HF Foods Group acquire Sea Ray Foods?

HF Foods Group's acquisition of Sea Ray Foods was reported on August 18, 2026. HF Foods Group Inc. has successfully completed the acquisition of Sea Ray Foods as part of its strategy for international expansion. The purchase was valued at approximately CAD 47.9 million, reflecting the target's revenue growth and profitability. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sea Ray Foods do?

Sea Ray Foods is a supplier in the seafood industry, noted for its consistent revenue growth and maintained profit margins. The company focuses on delivering quality seafood products and has established a strong market presence since 2019. It is privately held, operating in Food and Beverage, and is based in Richmond.

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