OBI Seafoods
OBI Seafoods was a Seattle-based food processing company founded in 2020 that manufactured and supplied fresh, frozen, and canned wild seafood varieties before its 2025 acquisition by Silver Bay Seafoods.
- Company typePrivate
- Founded2020
- HeadquartersSeattle, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What OBI Seafoods does
OBI Seafoods was a Seattle-based food processing company founded in 2020 that manufactured and supplied fresh, frozen, and canned wild seafood varieties. The product portfolio was oriented toward wholesale customers and downstream retail or food-service channels typical of the U.S. Pacific seafood processing sector, with a reported headcount in the 1,001–5,000 employee range, placing it among the mid-sized processors operating within that supply chain. Operationally, the company participated in wild-caught seafood categories including salmon, whitefish, and squid, with downstream value delivery via fresh, frozen, and canned SKUs.
In 2025, OBI Seafoods was acquired by Silver Bay Seafoods, a fishermen-owned, vertically integrated seafood producer. The transaction was identified by ACT Capital Advisors as one of the notable M&A deals in the U.S. seafood sector that year, reflecting a broader consolidation theme to achieve scale in fragmented processing and to combine upstream fishing rights with downstream processing capacity. Following the acquisition, OBI Seafoods no longer operates as an independent entity and has been absorbed into Silver Bay's integrated platform, which spans primary processing across Alaska (Southeast, Southcentral, Kodiak, Alaska Peninsula, Bristol Bay) and secondary processing via Orca Bay Foods in Seattle, with California operations focused on market squid.
Standalone business-model details, technology stack, customer mix, pricing mechanics, and revenue metrics for OBI Seafoods are not disclosed in the available source material. Mark Palmer is identified in the leadership data as President and CEO of OBI Seafoods; his current role post-acquisition is not described. Any forward analysis of the OBI asset base is necessarily viewed through the lens of Silver Bay Seafoods as the consolidated operator rather than as an independent business.
OBI Seafoods firmographics
Firmographics- Name
- OBI Seafoods
- Website
- https://obiseafoods.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 1,001–5,000 employees
- Short description
- OBI Seafoods was a Seattle-based food processing company founded in 2020 that manufactured and supplied fresh, frozen, and canned wild seafood varieties before its 2025 acquisition by Silver Bay Seafoods.
- Ownership category
- akta.pro rank
OBI Seafoods industry classification
Industry- Product category
- Seafood Processing
- NAICS
- Seafood Product Preparation and Packaging (311710), Seafood Product Preparation and Packaging (3117)
- SIC
- Prepared Fresh Or Frozen Fish & Seafoods (2092), Food And Kindred Products (2000)
- akta.pro primary industry
- Primary Seafood Processing (Heading/Gutting/Deheading; Icing) (AFANADAA)
Keywords
Where OBI Seafoods is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Markets served
OBI Seafoods business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure
OBI Seafoods product offering
Product offeringCore offering
OBI Seafoods is a food processing company that manufactures and supplies fresh, frozen, and canned wild seafood varieties, including salmon, canned salmon, whitefish, and squid. Following its 2025 acquisition by Silver Bay Seafoods, operations are integrated with Silver Bay's vertically integrated, fishermen-owned wild-caught seafood production across Alaska and the West Coast.
Product overview
Silver Bay Seafoods is a fishermen-owned, vertically integrated company (the acquiring company of OBI Seafoods) that delivers premium, sustainably harvested wild-caught seafood. The company operates multiple product lines including Salmon, Canned Salmon, Whitefish, and Squid, sourced from facilities across Alaska and the West Coast regions including Southeast, Southcentral, Kodiak, Alaska Peninsula, Bristol Bay, Seattle, and California.
Differentiator
Problem solved
Functional benefit
Products and services
- Salmon Wild-caught salmon products processed and supplied to commercial buyers, sourced from Alaskan waters through vertically integrated operations across Southeast, Southcentral, Kodiak, Alaska Peninsula, and Bristol Bay facilities.
- Canned Salmon Canned salmon products manufactured from sustainably harvested wild-caught salmon, distributed as shelf-stable retail and food-service offerings.
- Whitefish Wild-caught whitefish products processed and supplied to commercial buyers from Alaska and West Coast operations.
- Squid Premium market squid harvested by dedicated California fishermen and processed for commercial distribution.
Companies that use OBI Seafoods
Customer profileIdeal customer profiles1 record
OBI Seafoods technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OBI Seafoods partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Silver Bay SeafoodscoreSilver Bay Seafoods acquired OBI Seafoods in 2025 as part of consolidation activity in the U.S. seafood sector. This acquisition was one of the notable transactions identified by ACT Capital Advisors in their annual Seafood Industry Report, driven by efforts to achieve scale in fragmented industry segments.
Recent moves3 records
Expansion highlights3 records
OBI Seafoods competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
OBI Seafoods financial estimates
Financial estimateRevenue estimate
Valuation estimate
OBI Seafoods leadership team
Management profileNumber of profiles
Profiles1 record
OBI Seafoods funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OBI Seafoods M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OBI Seafoods
What does OBI Seafoods do?
OBI Seafoods is a food processing company that manufactures and supplies fresh, frozen, and canned wild seafood varieties, including salmon, canned salmon, whitefish, and squid. Following its 2025 acquisition by Silver Bay Seafoods, operations are integrated with Silver Bay's vertically integrated, fishermen-owned wild-caught seafood production across Alaska and the West Coast.
Is OBI Seafoods a public or private company?
OBI Seafoods is a private company. It is classified as corporate owned and is currently acquired.
When was OBI Seafoods founded?
OBI Seafoods was founded in 2020. It employs 1,001 to 5,000 people.
Where is OBI Seafoods based?
OBI Seafoods is headquartered in Seattle, United States, in the North America region.
Does OBI Seafoods have an API?
No public API is recorded for OBI Seafoods.
What industry is OBI Seafoods in?
OBI Seafoods's product category is Seafood Processing. Its primary akta.pro industry code is AFANADAA, Primary Seafood Processing (Heading/Gutting/Deheading; Icing). Its NAICS code is 311710 and its SIC code is 2092.