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Spain’s Profand paid over $170m for Caladero, Seafreeze

The recently filed annual accounts of Profand parent company Lucasinas show that it paid €87.5m for Spanish processor Caladero

By Undercurrent News | Aug. 6, 2020 19:03 BST
Credit: A Profand Fishing Holding presentation filed as part of the deal
Credit: A Profand Fishing Holding presentation filed as part of the deal
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The parent of acquisitive Spanish firm Profand Fishing Holding paid over €144.5 million ($171.7m) for its purchase of Spanish retail group Mercadona's processing firm Caladero and its investment in US harvester Seafreeze. [...]

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