Iberconsa teams with Andreassen’s NovaMar on ready-meals for US market
Iberconsa has launched a new range of ready-meals, partnering with NovoMar, the Miami-based processor launched by the son of Atlantic Sapphire founder
Abanca offers Cooke, Red Chamber ‘blank check’ to buy Pescanova for €700m
Abanca has held meetings with Cooke and Red Chamber to propose a flexible financing structure that allows them to plan a complete takeover of Nueva Pescanova, according to reports in the Spanish media
Higher prices expected for illex squid in 2023 amid poor fishing
Chinese squid processors anticipate higher prices for Argentinian illex amid reports of poor catches; over the last two weeks, catches in Argentina have been 'very bad'
Viciunai recalls frozen products from retail amid cadmium contamination
Lithuanian seafood and surimi Viciunai Group is withdrawing cadmium-contaminated seafood products -- mainly frozen squid -- from the retail market
Indian trade chief sees growth potential in Russian, UK, domestic markets in 2023
Outside of the traditional big three of the US, EU and China, government policy may open other channels for India's shrimp traders this year, the SEAI hopes
Nueva Pescanova prepares for full repayment of €150m syndicated loan
'In the light of certain information appearing on local media, Nueva Pescanova wishes to emphasize that it has full financial autonomy to undertake its business plan' -- the firm's president Jose Maria Benavent
Red Chamber joins talks to buy majority stake in Nueva Pescanova
Acquisitive US-based seafood conglomerate Red Chamber has joined negotiations to acquire a majority stake in Spain's Nueva Pescanova, according to a report from El Confidencial
Argentina’s seafood export value starts 2023 down 2% as squid, shrimp prices dive
Argentina saw its seafood exports value drop in January 2023 to $103.4m, down 2% year-on-year; the export volume, however, rose by 10% to 23,468t
WOFCO confirms purchase of Spanish plant, preps it for VAP
The Spanish company acquired Aucosa last fall and is currently renovating it to reprocess value-added items; it also aims to open a new Paraguay plant in a year's time
Reduced Peru anchovy harvests for fishmeal, oil drives lower December landings
Peru saw a 1% y-o-y drop in fish landings in December, mainly due to lower catches of anchovy intended for fishmeal and fish oil, which fell by 4%