Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV
Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business
Uncertainty reigns as new EU labeling regulation approaches
With just one month before new labeling regulation comes into force, there is still uncertainty on whether gross weight is to be declared in glazed seafood and what freezing date will be used for double frozen, unprocessed fillets
Aker-linked Ocean Harvest reverses three years of losses in Argentina
Group says restructuring of its fleet has paid off as Estremar is on path to make a profit this year, while revenue has been boosted by 38% price increase for Patagonian toothfish
Sanford creates new position of general manager for fishing operations
Sanford, one of the largest fishing companies in New Zealand, is looking for someone for a new role as general manager for fishing
McDonald’s Brazil to carry MSC label for its hoki-made McFish
McDonald’s Brazil receives chain of custody certification from Marine Stewardship Council
Sealord secures 4,800t quota pooling deal with fishery collectives
Iwi fishery collectives are providing Sealord with their annual catch entitlements (ACE) in exchange for a share of the profits
High costs mean Argentina hake, hoki catches way off TAC
Costs of production in Argentina combined with competition on price with pollock means catches of hake and hoki are way off the TAC levels, exec says at Groundfish Forum
Friosur-backed Europacifico to sell Pesca Chile products into Europe
Vigo, Spain-based distributor, which is majority owned by Friosur, will sell Pesca Chile’s products into Europe, after sale to Friosur-linked firm
Friosur-linked investment firm beats Mascato, Alimar to Pesca Chile
Inder, an investment firm owned by Jose Luis del Rio and his family, who also control Friosur, are set to net Pesca Chile fishing assets for a total of $45m
Groundfish Forum: Stable whitefish picture for 2015
Forecasts suggest increase for Alaska pollock, but overall stable for total groundfish supply