Both companies said the partnership will generate opportunities to work together in providing consumers with safe, natural shrimp
The trū® Shrimp Company, an affiliate of Ralco, and Schwan’s Company, a national US food business, announced that they have formed a strategic partnership designed to help propel in-land shrimp production forward. As part of the new partnership between the Marshall, Minn.-based companies, Schwan’s Company is making a significant investment in the trū® Shrimp Company. Terms of the partnership were not disclosed.
Both companies said the partnership will generate opportunities to work together in providing consumers with safe, natural shrimp. Jon and Brian Knochenmus of trū Shrimp have also invited Schwan’s Company to designate a member to join the board of directors.