Pescapuerta pulls back from Argentina
Spanish frozen processor Pescapuerta has transferred it assets in Argentina over to Estrella Patagonia
Scottish processors court London fish and chip trade
Seafood Scotland led a trade mission to London at the end of September, in the aid of helping whitefish processors and fishermen explore potential of fish and chip sector
Private equity fund eyes majority stake acquisition in Iberconsa
Portobello Capital is negotiating the acquisition of a 55% stake in the Spanish processor
Iberconsa invests €4m to develop Namibian operations
Spanish processor has invested about €4m in the last two years for the development and expansion of its Namibian operations, an executive with the company tells Undercurrent News
Marfrio creates subsidiary in Namibia with acquisition of €2m hake vessel
Spanish frozen processor will look at new projects in 2016 as it has access to financial capacity to expand internationally, CEO Santiago Montejo tells Undercurrent News
Fandicosta teams up with Disney to launch new line following ‘important investment’
Spain’s seafood processor has launched a new Disney-branded line of pre-cooked seafood products
Low hake catches boost prices as Canadian sellers struggle to diversify from Russia
A year after the Russian ban rocked the hake market, US companies seem to be faring better than Canadian counterparts, but catches have been slow on both sides of border
Ecuadorian firm expands locally as foreign currencies weaken export markets
Grupo Buehs is expanding in its dollar-based domestic market through a franchising strategy that requires 'minimum investment', a company's exec tells Undercurrent News
US pollock, whiting surimi producers benefiting from Japan, tropical dips
Demand still strong on US pollock, whiting surimi, as drops in Japanese pollock production and tropical surimi output are offsetting higher output from Americans
Brazil, Russia sign agreement to boost seafood trade
Brazil wants to take advantage of the Russian import ban on certain western countries