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Acquisition of Ocean Edge

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Captain Fresh's Censea Acquires Ocean Edge

~ Expands the product portfolio within Crab and Lobster category ~

~ Strategic acquisition strengthens Captain Fresh's multi-species seafood platform and deepens CenSea's presence in high-value categories ~

Captain Fresh's group company, CenSea, a leading US-based seafood importer and distributor, has acquired the Ocean Edge brand and business, a specialised player in the global crab and lobster segment.

The acquisition strengthens CenSea's crustacean portfolio by deepening its lobster offering and adding crab capabilities, while building on its established leadership in shrimp.

Founded in 2006, Ocean Edge is a trusted seafood supplier focused on premium crustacean products sourced from key global origins, including Canada, Honduras, and South Africa, with a broader portfolio that includes imitation crab marketed under its Ocean Edge brand.

Ocean Edge will continue to operate under its existing leadership. Managing Partners Dean Berman and Rich Marino will join CenSea as Vice Presidents of the Ocean Edge division, ensuring continuity in category expertise, customer relationships and day-to-day operations.

The acquisition complements CenSea's existing strength in shrimp and lobster sourced from Brazil, UAE, North & West Australia, with the addition of South African lobster tails and crab from Canada and the North Atlantic. With this, CenSea significantly broadens its cold-water species portfolio, enhancing its relevance as a multi-species partner to retail, foodservice, and distribution customers.

"Our customers serve seafood to people every day, and they're looking for partners who can deliver quality and consistency across numerous categories," said Nate Torch, Co-President, CenSea. "While shrimp remains a core strength for us, more of our customers are asking for a partner who can show up with real depth across various premium categories - this is precisely how Ocean Edge complements and amplifies our crab and lobster offerings. This will enhance our abilities to deliver a broader basket of products with the same reliability and service our customers expect from CenSea."

Jeff Stern, Co-President, CenSea, added, "Ocean Edge has built the business the right way, with disciplined sourcing, consistent execution, and relationships earned over time. Our priority is continuity, keeping their team close to customers and preserving what works, while supporting them with CenSea's scale and systems. That combination strengthens service today and builds durable value over the long term.”

Dean Berman, Managing Partner, Ocean Edge, said, "From the beginning, Ocean Edge has been about building a reliable, category-led business rooted in quality sourcing and customer trust. Joining CenSea allows us to preserve that foundation while gaining access to broader infrastructure, resources, and scale that will help us grow responsibly across new markets.”

Rich Marino, Managing Partner, Ocean Edge, added, "Becoming part of the Captain Fresh group gives Ocean Edge the ability to plug into a global, technology-driven ecosystem without losing our entrepreneurial focus. The combination creates new opportunities across sourcing, processing, and distribution that would have been difficult to unlock independently.”

At the group level, the acquisition advances Captain Fresh's multi-species expansion strategy. Within five years of operations, Captain Fresh has seen remarkable global growth on the back of its asset-light, vertically integrated model and expanding global footprint. Through its house of brands - including CenSea and Ocean Garden in the United States, Koral in Poland, Senecrus in France, and ChopServe in the UAE, Angola & India - the group offers a broad multi-species portfolio across shrimp, salmon and other seafood products to distributors, retailers and foodservice customers in over 30 countries. The addition of Ocean Edge strengthens crab and lobster capabilities to the group's portfolio, expanding its basket of offerings and further diversifying its global sourcing mix.

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