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Daily recap, July 11: SVN plans deal for Visir; UK food crime probe into former Bleiker’s MD ‘ongoing’

Undercurrent News' EMEA editor Neil Ramsden rounds up the biggest seafood news stories from Monday

By Undercurrent News | July 12, 2022 08:17 BST
Gunnthor Ingvason, CEO of SVN, rings the bell on board one of his firm's vessels
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Here's a recap of the daily seafood news from Monday, July 11:

Iceland's SVN buys fellow fishing firm Visir for $226m

Acquisitive Icelandic fishing company Sildarvinnslan has struck a deal to acquire all the shares in fellow firm Visir, the pair announced. The purchase price of the share capital is ISK 20 billion ($145 million), while Visir's interest-bearing debt amounts to ISK 11bn; so, the total transaction amounts to ISK 31bn, or $225.8m at current exchange rates [...]

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