Summa Equity has selected Norway's DNB Markets to run a sale process for €400m-plus salmon processor Milarex, which has plans to build a large processing plant in the US Continue reading
Tag Archives: Mergers and Acquisitions
Mark Foods deal with Arista creates $800m US importer
Mark Foods statement reveals it also acquired a 'significant interest' in Endeavor Seafood, an importer and marketer of seafood products based in Newport, Rhode Island, in 2021 Continue reading
Bregal’s Blue Harvest to ‘shut up shop’ Friday
PE-owned US East Coast groundfish fishing firm Blue Harvest is ceasing operations on Friday, having laid off more staff in the past week, sources told Undercurrent News Continue reading
Entities linked to sanctioned Russian billionaires, ex-politician take over Far Eastern seafood firms
Major Russian holding companies backed by sanctioned billionaires are steadily acquiring fishery businesses in the Far East, in addition to another linked to a former senior politician
‘Clearwater West’ expansion talks ‘ongoing,’ Premium Brands CEO confirms
'Clearwater West is a platform launch and not an acquisition. It is still ongoing, and hopefully, we can get to a stage that we can announce' -- George Paleologou, Premium Brands Continue reading
Mitsui confirms $360m deal for Santa Priscila stake after talks started in 2019
Undercurrent News reported talks between Mitsui and Santa Priscila for a minority stake deal were back on in June, having first revealed the two were in discussions back in 2019
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M&A critical for Captain Fresh’s US expansion; more can be done organically in Europe
'Generally, we're looking at deals in Europe and the US, but I think an acquisition is more imminent in the US' -- Utham Gowda, CEO and founder, Captain Fresh Continue reading
Captain Fresh expands to rest of Asia with 80,000t going through Indian ‘platform’
India's Captain Fresh is inking supply deals with plants in the rest of Asia after becoming its home country's largest seafood factory operator, the company's founder told Undercurrent Continue reading
$400m Peruvian group snaps up US squid supplier
A Peruvian seafood group with an annual turnover of more than $400m has inked a deal for one of the major players in the US squid sector Continue reading
Investment firm Oquendo takes control of Spain’s Discefa
Madrid-based private debt management firm Oquendo has become the largest shareholder in octopus processor Discefa, now controlling 75% of the company Continue reading
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