Western Australian-based seafood company Catalano’s Seafood; known for its fresh and sustainably sourced seafood, is expanding its reach into the Eastern States market in Australia.
From the ASX listing in March 2022, Catalano’s Seafood has exceeded its expectations with its expansion into the East Coast of Australia. This 50-year old company continues to deliver exceptional quality in countless areas including processing, retail and exports, and it still continues to impress.
After being listed on the ASX on 11th March 2022, Catalano’s Seafood has been growing steadily. According to Silvestro Morabito, Catalano’s Seafood Non-Executive Director, the company has ambitious goals for its expansion in 2023.
“2023 will be an exciting year for the Catalano’s business as we set our goals to rapidly expand the number of outlets selling our range of products and begin to build a wholesale business through imports.
We are also keen to work more closely with the Metcash team on the East Coast to build a strong partnership, similar to the one forged in Western Australia over the last decade. Catalano’s brings Australian seafood to stores in a way that no other seafood company does and as such provides a real point of difference for retailers.”
How far Catalano’s has come
By the end of September 2022, Catalano’s Seafood has been available in more than 312 supermarkets and boast the following developments –
- The first Seafood Management System (SMS) store is planned to go live in Melbourne, Victoria, in Q4 of FY23
- Catalano’s Seafood signed supply terms with Coles Local – subsidiary Coles.
- Catalano’s Seafood was elected as the main seafood supplier at one of the most exclusive local Coles stores, located in South Perth, Western Australia.
The East Coast expansion was initiated late 2021 and by the end of 2022, Catalano’s Seafood is proud to state that the product lines are now found in 34 operating stores across New South Wales, Australian Capital Territory, Victoria & Queensland.
What does the future hold?
In 2023, Catalano’s “Ocean to Plate” company is planning to accomplish further big steps and to continue to ensure superior solutions for retail and food service, and expand its network across the country.
The outlook for the new year at Catalano’s Seafood looks bright, with targeted expansion goals focussing on South Australia, Queensland and New South Wales. Through this expansion the company’s objective is to continuously grow production capability and sales opportunities whilst upholding the high standards upon which the Catalano name is built upon.
Catalano’s Seafood journey feels like it has only just begun, the company’s growth strategy is in place and continues to expand on its established expertise in retail, wholesale and exports with a focus on sustainability, waste minimisation and efficiency.
Stay tuned to Catalano’s Investor News to receive further exciting company and industry updates.