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PE-backed Spanish firm snaps up ‘significant stake’ in Mauritanian vessel owner

Alantra Partners-backed Union Martin has acquired 'a significant stake' in the Mauritanian firm SMPI, which has three freezer vessels and a 700t annual catch capacity

By Dan Gibson | Dec. 4, 2019 11:02 GMT
Credit: Union Martin
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Backed by the private equity Alantra Partners, Spain's Union Martin has acquired "a significant stake" in the Mauritanian fishing firm Societe Mauritanienne pour la Peche Industrielle (SMPI), Undercurrent News has learned.  [...]

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