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WOFCO finalizes deal to buy Spanish processor Fandicosta out of bankruptcy

After eight months of negotiations, Spanish fishing firm Wofco finalized its acquisition of Fandicosta on June 17

By Matilde Mereghetti | June 17, 2024 16:02 BST
From left to right: Alberto Barreiro, Wofco's president; Fernando Alvarez, Conarpesa's president; Lucio Tortosa, Conarpesa's CEO, Borja Tenorio, Wofco's CEO, at the Boston seafood fair in March 2023.
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After eight months of negotiations, Worldwide Fishing Company (WOFCO) has finalized a deal for the acquisition of Fandicosta, in the Spanish city of Pontevedra, the firm told Undercurrent News [...]

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