Fortune International Acquires Neesvig’s, Inc.
Fortune International, LLC, which distributes and imports quality seafood, meats, and gourmet products; today announced the acquisition of Neesvig’s, Inc., (Neesvig’s) a Windsor, Wisconsin-based seafood, meat processor and distributor. Neesvig’s also operates Empire Fish, a Wauwatosa, Wisconsin-based retail store and a state-of-the-art fulfillment operation in DeForest, Wisconsin. Terms of the transaction were not disclosed.
Already one of the nation’s largest seafood and specialty food processors and distributors, this acquisition further expands Fortune International’s Fortune Fish & Gourmet brand with its first designated meat processing facility. The addition of Neesvig’s positions Fortune Fish & Gourmet to offer the upper Midwest expanded distribution capabilities and the rest of the nation the services of a state-of-the-art fulfillment operation specializing in direct-to-consumer e-commerce fulfillment.
The processing and distribution facility will be enhanced with the conversion to Fortune’s state-of-the-art software. Neesvig’s fulfillment center is already equipped with best-in-class software utilizing voice-picking technology and automated sort and ship.
“We are excited to strengthen our meat program with our own processing facility and continue to grow the fulfillment operation with additional locations. We are delighted to welcome the gifted Neesvig’s and Empire Fish team to the Fortune family,” said Sean J. O’Scannlain, Fortune’s President and Chief Executive Officer.
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Founded in 1913 and owned by Jim and Margaret Meyer since 1988, Neesvig’s, Inc. is one of the nation’s oldest and largest independent processors and distributors of premium meats and seafood. Neesvig’s is one of the nation’s first independent distributors of Certified Angus Beef and enjoys strategic partnerships with elite producers including Niman Ranch and Bell & Evans, among many others. Empire Fish also started in 1913 as a retail seafood market and wholesale distributor of seafood in Milwaukee, Wisconsin. The business was acquired by Neesvig’s in 1995, and Neesvig’s and Empire Fish combined their meat and seafood processing facilities into one location in 2017 and began operating under the Neesvig’s brand.
“Margaret and I could not have selected a better partner than Fortune Fish to carry on the proud history of Neesvig’s. We have enjoyed 32 years as owner / operators of Neesvig’s and want to thank every member of the Neesvig’s family, both past and present, for their tireless efforts over the years. We know that we are leaving the company in great hands with Sean and his team and we look forward to watching the companies prosper in the years to come. We also want to thank our wonderful customers for the opportunity to serve them throughout the years,” James Meyer said.
Neesvig’s represents Fortune International’s ninth (and largest transaction) since launching its acquisition strategy in 2012, which has been further accelerated since entering into a partnership in 2020 with Investcorp, a leading global alternative asset manager. Fortune’s previous acquisitions include JDY Gourmet in 2012, Chef Martin Old World Butcher Shop in 2014, Coastal Seafoods in 2016, Morey’s Seafood International of Missouri in April of 2019, Classic Provisions Inc. in June of 2019, Jubilee Seafoods in July of 2019, Seattle Fish of Missouri in January of 2020 and EuroGourmet in March of 2020.
