Acquiring Company
HF Foods Group
Acquired Company
Sea Ray Foods
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.
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Based on deal dataFrequently 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.