"We are so excited by the [partnership] because it will allow Two Islands to rapidly scale up our expansion plans through access to Sanford's global distribution channels, premium marine collagen, as well as increased research and development for new product development."
Matthews said the deal created a vertically integrated business that took raw materials from the ocean and delivered them to consumers, both locally and abroad.
Sanford's interim chief executive, Andrew Gargiulo, said the partnership is an example of Sanford's values in action.
"Sanford has always emphasised the importance in both a financial and an environmental sense of making the best use of every gram of material that we harvest."
"The more we study this fantastic resource that is New Zealand seafood, the more opportunities like this we find," he said.
Matthews would continue on as the head of Two Islands.
- RNZ
