Tantalizers Plc has entered into a five-year offtake agreement involving its subsidiary, Tantalizers Fisheries Limited, and Harvester Fisheries LLC, a major seafood importer in the United States.
Under the arrangement, Tantalizers Fisheries will supply minimum annual quantities of wild-caught tiger prawns and pure shrimps to Harvester Fisheries, headquartered in New Bedford, Massachusetts, over the next five years, Nairametrics reported.
According to a disclosure filed with the Nigerian Exchange and signed by Company Secretary Olamide Babawale-Mo, Tantalizers described the agreement as a multimillion-dollar deal and a significant milestone in its expansion into the global seafood export market.
Commenting on the partnership, Tantalizers Plc’s Group Managing Director, Robert Speijer, said: “Our partnership with Harvester Fisheries strengthens our global supply chain and positions Nigeria as a credible source of high-quality seafood for the North American market.”
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Harvester Fisheries LLC operates from New Bedford, Massachusetts, one of the busiest fishing ports in the United States, and supplies premium seafood to retail chains, restaurants, and institutional clients across North America.
Tantalizers Fisheries Limited, which functions within a designated Free Trade Zone in Nigeria, is fully export-oriented and specializes in harvesting, trawling, processing, and exporting wild-caught shrimp and prawns in compliance with global quality and food safety standards.
This agreement follows Tantalizers’ strong performance in the first nine months of 2025, during which the company posted a N41.1 million pretax profit, a significant turnaround from the N259.5 million loss recorded in December 2024.
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Image Credit: Nairametrics
