Stavis Seafoods Purchases Plant from Legal Sea Foods, Plans to Keep Iconic Cod Sculpture
Legal Sea Foods has agreed to sell its South Boston waterfront processing facility to Stavis Seafoods — including a 45-foot-long metal codfish sculpture perched atop the building — according to local news reports.
Stavis, which was purchased by Spain’s Grupo Profand in 2018, processes and distributes a wide variety of seafood products. Legal Sea Foods restaurant group is owned by PPX Hospitality, a private-equity restaurant operated that acquired Legal in 2020.
The selling prices of the seafood processing plant was not disclosed in the reports. Stavis had planned to build a new facility in the area and approached PPX about purchasing the facility, and the initial answer was no. According to the reports, however, PPX quickly realized it did not need the processing space any longer, as it was generally purchasing most of its fresh fish from local distributors rather than processing it on its own.
PPX will move the commissary work it had been doing at the facility for three of its restaurants to a new location that is expected to be ready in January 2024. The move allows Stavis to stay in Boston, a place it has called home for nearly a century.
Stavis plans to keep the iconic giant cod sculpture as well.