Landoy Fiskeoppdrett, a small-scale producer in Norway, is expected to receive significant interest in a sale process Continue reading
Tag Archives: Companies
Nomad on track to recover high raw material costs by year-end
Another strong quarter for Nomad Foods means the company is on course for a flat gross profit margin by the end of this financial year despite cost increases Continue reading
M&A critical for Captain Fresh’s US expansion; more can be done organically in Europe
'Generally, we're looking at deals in Europe and the US, but I think an acquisition is more imminent in the US' -- Utham Gowda, CEO and founder, Captain Fresh Continue reading
Bumper whitefish prices see Kangamiut Group’s profit rocket, turnover pass $700m
Kangamiut reported a 37% increase in turnover to DKK 4.89bn, or $722m, with operating profit up 88% y-o-y to DKK 183.13m Continue reading
Thai Union cuts labor costs, pushes VAP in tough shrimp market
The Thai seafood conglomerate has seen a 25% reduction in shrimp sales after the first four months of the year, and is actively looking for higher-margin products Continue reading
Profand’s earnings drop 19% after not passing on higher costs to consumers
Profand, a key supplier to Mercadona, Spain's largest retailer, saw its earnings drop 19% in 2022 due to higher costs which the company did not pass on Continue reading
Dulcich ‘considers options’ on American Seafoods as Decker, Humphreys step down from board
Pacific Seafood CEO Frank Dulcich is said to be mulling his options with regard to American Seafoods, which Bregal Partners has announced it will sell Continue reading
Premium Brands in talks with BC First Nations to establish ‘Clearwater West’ acquisition vehicle
Canada's Premium Brands is in talks with First Nations groups in the West Coast province of British Columbia to establish a venture akin to its Clearwater in the Maritimes Continue reading
Family behind major US shrimp importer tests market for sale
One of the largest US shrimp importers is testing the market for interested buyers, sources told Undercurrent News
Continue reading
Nomad’s expenses grew faster than sales in Q4 but CEO touts firm’s ‘resilience’
Nomad, the owner of the Birds Eye, Findus and Iglo brands in Europe, saw price increases offset a drop in volumes in the third quarter of 2022
Continue reading
(913 results)