China-based Zhangzidao snaps up Canadian processor

2014/10/21

Undercurrent News  October 20, 2014, 11:20 pm

China-based Zhangzidao Group Corporation has snapped up Canadian processor Capital Seafood International Incorporated.The new plant will pack Canadian lobster, both live and frozen, for shipment mostly to China, and create 30 to 50 new full time jobs in Nova Scotia.This marks the first investment in Atlantic Canada for Zhangzidao, which calls itself one of the largest seafood companies in China, but it is not likely to be the last.