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M&A April 30, 2018 5:11 PM
ISI deal for Icelandic Iberica will create vertically integrated, €400m firm

By Tom Seaman

Iceland Seafood to buy Icelandic Iberica's parent Solo Seafood, in a deal which will see fishing companies Fisk Seafood, Jakob Valgeir and Nesfiskur become shareholders in ISI 

Traceability April 24, 2018 5:43 PM
NOAA: SIMP for shrimp to be in force by 2019, doubling program’s volume

By Jason Smith

The National Oceanic Atmospheric Administration has confirmed that foreign shrimp and abalone will be added to the Seafood Import Monitoring Program as of Dec. 31, 2018

Salmonid April 24, 2018 7:48 AM
Brussels 2018: Chinese squid firm aims for 20-30% raw material market share

By Tom Seaman, Neil Ramsden, Matilde Mereghetti, Louis Harkell and Jason Huffman

Undercurrent is reporting from the world's largest seafood sector trade show this week 

Analysis April 18, 2018 8:59 AM
Sources: Iberconsa, Pescanova an ‘ideal match’; management would prefer PE

By Tom Seaman

Banker says Iberconsa combination with Pescanova would be ‘ideal match’, but others say deal is unlikely and management would prefer more PE ownership

M&A April 16, 2018 10:02 AM
Argentine group Newsan in talks to buy fishing firm Valastro

By Matilde Mereghetti

Argentina's largest seafood exporter, Newsan Group, is in talks to buy fishing firm Grupo Valastro, the company confirmed to Undercurrent News 

Companies April 10, 2018 5:05 PM
Venture between Argentina’s Velastro, Newsan gets new shrimp trawler

Argentine fishing firm Valastro Group and the Newsan Group have joined together to launch a 37-meter freezer-trawler aimed at the country's red shrimp fishery

Argentine red shrimp April 10, 2018 9:56 AM
China giant Bright Food tipped as likely Iberconsa bidder

By Tom Seaman

Bright Food, a giant Chinese food conglomerate which absorbed one of country’s largest state-owned seafood companies last year, is being tipped as a likely Iberconsa  bidder 

North America April 9, 2018 3:01 PM
US shrimp imports up 15% in February 2018, year-on-year

By Jason Huffman

India continues to lead, but Indonesia remains a steady source

Latin America April 9, 2018 8:46 AM
Portobello gears up to sell stake in Iberconsa

By Tom Seaman

Private equity firm Portobello has hired Nomura to run a sale process for its stake in Iberconsa, sources with knowledge of the process told Undercurrent News

Mussels April 4, 2018 10:08 AM
China’s largest lobster, salmon importer wants 100 years of history

By Louis Harkell

'We are very envious of those 100-year-old companies in North America and Europe. We also hope one day to celebrate 100 years, have a brand with 100 years of history'

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