Sealaska, an Alaska native corporation, has acquired a majority interest in Odyssey Enterprises, a Seattle-based seafood processing company that employs some 250 people.
Terry Downes, chief operating officer of Juneau-based Sealaska, said Odyssey has sales of nearly $200 million a year. The purchase, which closed Monday, is part of Sealaska’s corporate strategy to expands its presence in the seafood industry.
The sale price was not disclosed.
Odyessy, which was founded in 1981, turns fish, crab and shrimp into battered, breaded and other products at its Seattle plant, Northwest Seafood Processors.
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