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Sustainability Dec. 12, 2023 10:09 AM
Morocco postpones octopus fishing season until January

By Matilde Mereghetti

Morocco has decided to postpone the beginning of the octopus fishing season until January 2024 following a survey on the resource status

Prices Dec. 5, 2023 10:12 AM
Morocco meeting to determine start of octopus season, quota

By Matilde Mereghetti

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

Supply Nov. 30, 2023 10:19 AM
PE-backed Spanish cephalopod specialist targets export growth

By Matilde Mereghetti

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

North America Nov. 1, 2023 1:27 PM
Mark Foods brings in Goldberg on path to becoming a $1bn company

By Tom Seaman

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'

Europe Oct. 20, 2023 10:24 AM
Spanish octopus entrepreneur returns with ambitious growth plans

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

Supply Oct. 19, 2023 10:28 AM
Spanish processor buys Gambia’s largest octopus firm amid tough market

By Matilde Mereghetti

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

Octopus Oct. 13, 2023 10:27 AM
Discefa combats reduced sales with value-added focus

By Matilde Mereghetti

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

North America Sept. 14, 2023 12:44 PM
Mark Foods deal with Arista creates $800m US importer

By Tom Seaman

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 Sept. 12, 2023 10:05 AM
Octopus demand jumps as Moroccan season nears end, prices drop

By Matilde Mereghetti

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

Trade Aug. 31, 2023 12:18 PM
Abanca: Talks with Cooke on Pescanova deal are not over

By Tom Seaman

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 

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