Tantalizers Plc has entered a five-year tripartite Offtake Agreement with its subsidiary, Tantalizers Fisheries Limited, and Harvester Fisheries LLC for the export of tiger prawns and shrimps.

According to a disclosure filed with the Nigerian Exchange Limited on Friday, Tantalizers and its subsidiary will supply Harvester Fisheries LLC — a U.S.-based seafood importer and distributor headquartered in New Bedford, Massachusetts — with agreed minimum annual volumes of wild-caught tiger prawns and pure shrimp over the five-year period.

Although the value of the deal was not revealed, it is reportedly worth millions of dollars and marks a significant step in Tantalizers’ push into the global seafood export market.

Tantalizers Fisheries Limited, which operates in a designated Free Trade Zone in Nigeria, is fully export-focused, handling the harvesting, trawling, processing, and export of wild-caught shrimp and prawn products in line with international quality and food safety standards.

Commenting, the Group Managing Director of Tantalizers Plc, Robert Speijer, said, “This agreement marks a significant milestone in our diversification strategy and underscores Tantalizers’ evolution from a purely quick service restaurant brand into a global food, retail, and entertainment group with a strong export footprint.

“The partnership with Harvester Fisheries LLC strengthens our global supply chain integration and positions Nigeria as a credible source of high-quality seafood for the North American market.”

Harvester Fisheries LLC is one of the major players in the U.S. seafood sector, specialising in importing and distributing premium seafood products to retail chains, restaurants, and institutional buyers across North America.

The disclosure, signed by Company Secretary Olamide Babawale-Mo, noted that the U.S. company expressed confidence in Tantalizers Fisheries’ production capacity, quality assurance processes, and compliance with international regulatory standards.

The agreement, which followed extensive negotiations and due diligence by both sides, is expected to support Nigeria’s non-oil export expansion and advance the country’s blue economy agenda.