Barry, president of Barry Group Inc. in Corner Brook, would not comment on the purchase price.
He said when the business, located in Benoit’s Cove, became available the Barry Group considered it as another strategic investment in the fishery, looking at the long term.
Barry said Allen’s won’t be incorporated into Barry Group and will continue with the same employees, same customers and same relationships.
“We are companies that operated alongside each other for over 100 years and so the Allen’s company will carry on as it is.”
According to its website, Allen’s was founded in 1900 by George Allen. In its early days the company concentrated on salted and dry fish processing. Over the years it has grown into a harvesting, processing and international marketing operation with markets in Canada, the United States, Asia and Europe.
At the time of the sale the family-owned company was being managed by president Craig Allen and vice-president Richard Allen. They are the fourth generation to manage the company.
Barry Group Ltd. has been involved in fish harvesting and processing since the 1830s and established its current business in the city in 1854. It has operations all over Newfoundland, and in Nova Scotia, New Brunswick, Maine and Iceland.