On March 15, 2018, Mitsui & Co. (U.S.A) reached an agreement with Mark Foods, Inc. on the formation of a strategic alliance. Mark Foods, Inc. is a premium, niche marine product import and sales company particularly strong in sales to high-end retailers, distributers and restaurant groups in the U.S.
The U.S. is the world's biggest food market. Increased consumption of seafood products resulting from rising consumer health awareness in recent years has contributed to the fact that marine products now account for the largest share of food imported into the U.S.
Mark Foods, Inc is the leading marketer of Chilean Sea Bass, a popular, premium item in the seafood market. It also supplies lobster, octopus, crab, mussels and shrimp and other specialty seafood products to top tier retailers and food service customers nationwide.
Mitsui & Co. (USA) has reached an agreement on this strategic alliance with the aim of creating new value by building on Mark Foods' excellent customer base in the U.S., utilizing Mitsui's long-standing U.S. food manufacturing and sales businesses and pursuing synergies with Mitsui's global affiliate companies which includes farmed shrimp, salmon and tuna production in Latin America and in Asia.
Through the development of food and food product businesses in the U.S. including marine products, the new strategic alliance will accelerate and promote the creation of a new business that will respond to the changing needs of consumers and contribute to enriching people's lives.
Mark Foods, Inc Corporate Profile
|Office location||U.S., New York State|
|Business areas||Marine product import and sales company|