While not the most traditional market for cape hake, the acquisition of German distributor Intercont Grosshandels should open up the foodservice sector in the south of the country to a greater quantity of Namibian seafood products, according to new owners All-Fish Handelsgesellschaft and Namibia's Seawork Fish Processors.

German frozen wholesaler All-Fish, which has an annual revenue of €55 million-€60m according to chief financial officer Stefan Schulze, has added a further €10m to its annual turnover with the addition of Intercont, based on the outskirts of Munich [...]