loading
AdvertisementX
Fishing
Camanchaca to pay $87m for remaining stake in Chilean fishing firm

March 27, 2024 4:24 PM

CEO Ricardo Garcia Holtz has described the purchase of a 30% stake in the pelagics fishing operation it doesn't already own as 'major' and a 'game changer'

Feed
Italian insect protein firm plans 40,000t Norway plant in 2027

By March 27, 2024 11:01 AM

The ambitious firm is targeting the salmon aquaculture sector, expects to have optimized a 2,500t pilot facility during the second half of 2024, and be breaking even with a commercial product in 2025

North America
Panamanian firm Gava Foods acquires shrimp fleet, expands operations

By March 26, 2024 4:25 PM

Panamanian seafood firm Gava Foods, which focuses primarily on producing wild white shrimp in Panama and exporting them to the US, has acquired six vessels

Feed
Chile’s Camanchaca strengthens partnership with Spanish tuna processor Frime

By March 26, 2024 10:24 AM

Chile's Camanchaca aims to expand its production capacity and solidify its presence in the US and Europe, deepening its ties with current partners

M&A
Nissui aims to expand chilled business at home through subsidiary mergers

By March 26, 2024 9:40 AM

The Japanese seafood giant is looking to expand its domestic chilled food business through a merger of its three subsidiaries in the sector

Europe
Norway’s Torghatten acquires seafood consultancy INAQ for $1.8m

March 26, 2024 9:29 AM

Nova Sea-backed Torghatten Aqua has acquired 66% of the shares in INAQ, and the firm's employees will take over the other 34%

Foodservice
New Red Lobster CEO comes from restructuring firm

March 25, 2024 3:30 PM

Jonathan Tibus will lead the world's largest seafood restaurant chain as the Thai Union Group prepares to sell its stake in the business

M&A
J.P. Klausen to bring high-end Kiwi fish to EU after trade deal, Sealord’s Independent buyout

By March 25, 2024 10:59 AM

FTA between New Zealand and the EU, combined with Sealord's acquisition of Independent, creates an opening for Denmark-based supplier J.P. Klausen

Downstream
Maruha snaps up 10% stake in Japan’s largest surimi producer for $19m

By March 25, 2024 10:02 AM

Japan's Maruha Nichiro has acquired a minority stake in Kibun Foods with a capital alliance to collaborate in manufacturing at home and developing offshore surimi product markets

Prices
Boston M&A panel sees financial strain lifting soon for processors

By March 22, 2024 4:34 PM

Disinflation and interest rate cuts could start to ease processors' financial pain after two tough years for the industry, said panelists in a session at the Boston seafood show

(6961 results)

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.