Strategic Acquisition Penguin Frozen Foods was acquired by Seafoodsource for over 62 million dollars, indicating strong industry confidence and potential for growth, making it an attractive partner for supply chain expansion or co-marketing opportunities.

Market Position Operating within the fisheries industry with a focus on Gulf of Mexico shrimp, Penguin Frozen Foods has positioned itself in a niche market with steady demand, presenting opportunities for suppliers of related seafood products or equipment.

Growth Potential Since its acquisition, Penguin has seen significant sales volume, with 50 million pounds of seafood sold in 2022, suggesting high demand and potential for volume-based supply agreements or distribution partnerships.

Revenue Range With revenues estimated between zero and ten million dollars and a relatively small employee base, Penguin presents opportunities for scalable solutions such as logistics support, quality control services, or technology upgrades to support growth.

Industry Synergies As part of an industry with major players like Tyson Foods and Walmart, Penguin offers avenues for collaboration with large distributors or retail chains seeking fresh and frozen seafood sources from regional fisheries.