Chinese conglomerate sets sights on being global seafood leader
A giant Chinese group, with turnover of close to $50bn, is setting its sights on being first a leader in seafood in Asia, then the world
Chinese investment firm buys 90% of Aussie seafood giant
Hong-Kong listed Legend Holdings has bought a 90% stake in the seafood processing part of Kailis Bros, to form a new JV
Chinese group to open new plant, produce Spain’s Albo brand in Asia
The deal is expected to help CRC to build up its strategy to lead production and sales of tuna products within the Asian market
Maruha Nichiro buys stake in Sanford
Japanese seafood giant Maruha Nichiro has bought a 4.7% stake in New Zealand fishing company Sanford, for NZD 25m
Thai Union looking to add up to $1.5bn sales from acquisitions
CEO is adamant that $8bn by 2020 target is possible, with plan to add $1bn-$1.5bn in turnover in the next five years from deals
Thai Union’s shrimp business drives Q4 profit growth
Final quarter of an ‘eventful’ year for Thai Union boosted by strong showing from shrimp business unit, company says
Chicken of the Sea COO departs
David Roszmann now with KPMG, Chicken of the Sea not commenting on whether or not will be replaced
Sources: Greenland Seafood aims to buy Pickenpack’s TST, Gelmer plants
Greenland Seafood is still involved in Pickenpack sales process and is looking to buy TST, as well as the Gelmer plant in France, sources told Undercurrent News
Ngs back in control of China Fishery with plan to sell Peru assets in Q3
KPMG no longer in place as provisional liquidators of Pacific Andes-owned China Fishery, with board reportedly looking to close a sale for Peru business in Q3
Hung Vuong teams up with Russian Fishery, Mascato on pollock project
Hung Vuong new plant will be used for processing pollock from Russian Fishery, with Mascato firm handling sales of finished products