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Prices
Morocco meeting to determine start of octopus season, quota

By Dec. 5, 2023 10:12 AM

A meeting is scheduled to take place this week in Morocco to decide a start date and quota for the coming fishing season

M&A
PE-backed Spanish cephalopod specialist targets export growth

By Nov. 30, 2023 10:19 AM

Spain-based retail supplier Union Martin and processor Silomar are working on boosting their reach in cephalopods following the latter's acquisition by Alantra Private Equity

Octopus
Mark Foods brings in Goldberg on path to becoming a $1bn company

By Nov. 1, 2023 1:27 PM

The deal to bring together Mark Foods and Arista Seafood creates an $800m turnover importer, with Jeff Goldberg 'excited to help the company get to $1 billion and beyond'

Supply
Spanish octopus entrepreneur returns with ambitious growth plans

Oct. 20, 2023 10:24 AM

Conrado Merino, a seasoned figure in the octopus sector, has launched importer and processor Merpacifico Norte in Palencia, Spain

Supply
Spanish processor buys Gambia’s largest octopus firm amid tough market

By Oct. 19, 2023 10:28 AM

Despite slower sales amid the current economic scenario, Spain's Congelados Maravilla aims to secure its position as a reliable supplier of cephalopods in the Southern European markets

Supply
Discefa combats reduced sales with value-added focus

By Oct. 13, 2023 10:27 AM

Despite lower sales volumes, the company aims to maintain a stable turnover with improved EBITDA performance -- driven by sales of cooked octopus -- and lower debt

Trade
Mark Foods deal with Arista creates $800m US importer

By Sept. 14, 2023 12:44 PM

Mark Foods statement reveals it also acquired a 'significant interest' in Endeavor Seafood, an importer and marketer of seafood products based in Newport, Rhode Island, in 2021

Prices
Octopus demand jumps as Moroccan season nears end, prices drop

By Sept. 12, 2023 10:05 AM

This recent surge in interest follows a significant decline in sales over the summer as consumers grapple with the financial strain of the cost of living crisis, leading to a drop in octopus prices

North America
Abanca: Talks with Cooke on Pescanova deal are not over

By Aug. 31, 2023 12:18 PM

Abanca told Undercurrent that 'negotiations continue' to sell a majority stake in Pescanova to Cooke, refuting a story in the Spanish newspaper El Confidencial on Thursday 

North America
Barrington father-son executive team leave PanaPesca USA

By Aug. 9, 2023 5:03 PM

A veteran US seafood executive and his son have left importer PanaPesca USA

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