Spain’s fishing fleet faces ‘great uncertainty’ as EU-Morocco fisheries agreement expires
The current fishing agreement between the EU and Morocco is set to expire on July 17, and there are no signs of an extension yet
Profand’s earnings drop 19% after not passing on higher costs to consumers
Profand, a key supplier to Mercadona, Spain's largest retailer, saw its earnings drop 19% in 2022 due to higher costs which the company did not pass on
Morocco to postpone octopus fishing season to July 10
Moroccan authorities are expected to postpone the start of the upcoming octopus fishing season by over a month, to July 10, following a meeting in Rabat
PE-backed Spanish processor’s CEO leaves to lead fruit firm
Ramon Ojeda, former CEO of Grupo Union Martin, has left the company to join Tropical Millenium, a Spain, Malaga-based tropical fruit producer and wholesaler, as CEO
Investment firm aims to take control of Spanish octopus firm Discefa
Madrid-based private debt management firm Oquendo is set to become the largest shareholder in Spanish frozen octopus processor Discefa
Spanish firm opens first octopus cooking plant in Morocco, eyes new markets
Barcelona-based BaitFish aims to increase its sales of cooked octopus, having built new cooking facilities at subsidiary Wiriz Industrie in Morocco
Brasmar aims to hit €330m turnover following French, UK acquisitions
Portugal's Brasmar is poised to grow its turnover by 10% this year thanks to the integration of recently acquired businesses and expanding its range of products
Profand joins seafood’s $1bn club after string of acquisitions
Vigo, Spain-based Profand reported a 2022 turnover of €929 million, or $1.03 billion, an increase of 15.5% year-on-year
Profand brings in former Milarex, Mowi exec to lead UK expansion
Geoff Cormack, formerly with Milarex and Mowi, has been named director of the new UK arm of Profand
Japan surpasses US as biggest importer of Vietnamese seafood in Q1
Japan has surpassed the US as Vietnam's biggest importer of fishery products with over $310m in value in the first quarter of 2023