2 Idaho-based trout farms combine in acquisition deal

Posted at 5:02 AM, Feb 06, 2020
and last updated 2020-02-06 07:02:12-05

FILER, Idaho — Idaho trout farm Riverence Holdings has announced the acquisition of its larger competitor Clear Springs Foods and now controls the majority of the market share in the state.

Riverence founder and television writer David Kelley made the announcement Saturday. Officials say Riverence grows steelhead and rainbow trout eggs in Washington state and raises fish in land-based facilities in Idaho.

Company officials say Clear Springs Foods has been producing rainbow trout along the Snake River in southern Idaho for more than 50 years. Company officials say the details of the purchase are not being publicized.