Fort Lauderdale, Florida-based Netuno USA, a major importer of snapper and grouper, has purchased a 50 percent stake in the Singapore-based Passion Foods brand from LP Foods, a supplier of frozen seafood with offices and processing facilities in Vietnam and Indonesia. The two companies’ teams are partnering in targeting the North American market.
Positioning the Passion Foods range of value-added seafood products – which include breaded panko fish, nuggets, mahi mahi bites, shrimp and cobia stix – as a “kitchen solution for foodservice,” Netuno President and Passion Foods Co-Owner Luciano Bonaldo stated:
“As kitchens struggle sourcing labor, we offer a unique solution. Most of our products can be cooked from frozen in very little time, delivering a consistent experience to customers. For high-volume orders, we can customize products, tweak recipes or create something exclusively for a customer.”
LP Foods President and Passion Foods Co-Owner Emanuele Petz, confident that the brand has the potential to be a household name among shoppers in retail stores, remarked:
“Passion Foods products contain sustainable seafood, all-natural ingredients, and require very little culinary expertise to prepare. Our chefs innovate so that consumers don’t have to do so. With consumer trends consistently showing increasing demand for home-cooked meals, we are poised to capture some of that market.
