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Deal between French shrimp, salmon firms driven by need ‘to be bigger’

Aim of deal between salmon importer Direct Ocean and shrimp and crab supplier Freshpack is not driven by synergies on sales side, but by scaling up for securing financing

By Tom Seaman | Aug. 3, 2015 10:20 BST
Frank Paque (left), managing director of Freshpack and Sebastien Roussel, of Direct Ocean.
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Freshpack’s acquisition of a 50% stake in salmon importer Direct Ocean is driven by a need for scaling up to secure financing, rather than synergies on sales, executives with the two companies told Undercurrent News [...]

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