Oil patch bits: Right Choice Camps & Catering acquires Arctic Catering
Anchorage based Arctic Catering Inc. announced March 21 that it has signed a Letter of Intent to be acquired by Right Choice Camps & Catering Ltd. of Edmonton, Canada.
Right Choice Camps & Catering is a privately owned turnkey provider of camp equipment and catering services and is the market leader in Western Canada. Right Choice brings more than 100 years of combined experience within the camp and catering segment and has an enormous amount of internal capability in camp construction, equipment leasing and catering services.
“We are thrilled to bring the Arctic Catering team into the Right Choice family”, said Gary Fortier of Right Choice. We look forward to offering our turnkey camp and catering services to the Alaskan remote site camp market.”
The transaction includes a 30-day due diligence period and a subsequent closing. The transaction will not impact Arctic Catering’s Alaska based employees.
“Right Choice is a natural fit for the Arctic Catering team. We are pleased that the Right Choice team recognizes the value of our personnel and is committed to a seamless merger for all Arctic’s Alaskan employees” said David Gonzales, CEO, Arctic Catering, Inc.
With some of the most recognized client names in the industry, the combination of Right Choice Camps & Catering together with Arctic Catering will create a well-capitalized and forward-looking company offering a new and unique business model to the Alaska remote camp and contract catering sector.