Media release: Clayton Utz advises Asahi Shokuhin on strategic acquisition of Clamms Seafood

Clamms Seafood is a leading player in the seafood industry based in Melbourne, with operations spanning processing, manufacturing, wholesale, retail and export of seafood products.  The acquisition will enable Asahi Shokuhin to expand its seafood business network in the eastern region of Australia by leveraging the complementary sales networks and product supply capabilities of Clamms Seafood and The Fish Factory Australia Pty Ltd, another subsidiary of Asahi Shokuhin based in Brisbane.

Clayton Utz's Japan practice, led by partner Hiroyuki Kano alongside special counsel Shigeki Yamaura and lawyers Yuki Sugawa and Shuhei Soga, supported Asahi Shokuhin throughout the transaction.

Commenting on the transaction, Hiroyuki said:

We are delighted to have supported Asahi Shokuhin on this important acquisition, which marks a significant milestone in their global growth strategy.  This transaction highlights the increasing collaboration between Australian and Japanese businesses in the agribusiness sector, and we are proud to have played a role in facilitating this partnership.