DiMillo's Buys Its Neighbor, & Lobster Supplier, New Meadows Lobster
October 14, 2014 | 1 min to read
One of Maine’s biggest restaurants has purchased one of Maine’s largest lobster dealers.
The family that owns DiMillo’s On the Water restaurant and DiMillo’s Marina on Portland’s waterfront has bought neighboring New Meadows Lobster Co., the 62-year-old business that sells lobsters to consumers, supermarkets and restaurants.
The deal allows DiMillo’s to control the fate of the real estate next door, and its primary supplier of lobster. It also gives the former owners of New Meadows a chance to slow down but remain involved in the lobster dealer business.
To read the rest of the story, please go to: Portland Press Herald