Nutreco: Cargill ‘evaluating situation’ with SHV offer memo due early Dec
SHV Holdings set to publish Nutreco offer memorandum in early December, as Cargill said to be evaluating the situation
Finnish firm Apetit to consolidate fish processing operations
Apetit is to concentrate its fish operations in larger units in Kuopio and Helsinki and close two other units
EMS-hit shrimp farmer reports success with ‘Silver Bullet’ water treatment system
An EMS-hit Mexican shrimp farmer reports success from using technology from Silver Bullet, a US-based water treatment company
UK processors face ‘perfect storm’ on retail battle, raw material price inflation
Price inflation on top species for chilled UK market combined with retail ‘bloodbath’ leaves processors trapped in the middle, sources tell Undercurrent News
Mazzetta plans $10m investment in Gloucester plant deal
US importer and processor Mazzetta has purchased the former Good Harbor Fillet plant in Gloucester, Massachusetts
Seafresh-backed UK feed venture aided by EMS, biosecurity concerns
Prochaete seeing increased interest in its farmed worm-based shrimp feed from Asia, Central America, as biosecurity concerns mean uninfected regions take preventative steps
Seafresh UK investments paying off as Blue Earth ups sales 27%
Thai shrimp processor’s £3m investment in UK saw Tesco supplier Blue Earth’s sales increase to £62m in latest financial year
Seafresh reverses Q3 loss on higher sales prices, lower raw material prices
Thai shrimp processor turns around big loss in Q3 of 213, with turnover up on sales growth from its overseas subsidiaries
India shrimp prices back up as Thai processors continue raw material fight
Low raw material availability and demand from Vietnam, China seeing Indian prices rise again, with competition between packers in Thailand keep prices up
Administration-hit German firm garners international investor interest
Hagenah, which was active in smoking, fresh, and frozen seafood until entering insolvency this week, has already garnered international interest from seafood investors