Spain's Grupo Nueva Pescanova is set to finalize the acquisition of the Argentine fishing company Pesquera Veraz, gaining three production plants and nine more vessels Continue reading
Tag Archives: Pescanova
Ex-Pescanova chairman Fernandez, former execs to face fraud charges at trial
The former chairman of Pescanova, Manuel Fernandez de Sousa-Faro, and 30 other parties have been named in a criminal proceeding by the Spanish government Continue reading
Banks sell former Pescanova turbot farm to Portuguese investors
Turbot plant in Mira, Portugal sold to Portuguese firm Ondas e Versos Continue reading
Pescanova to commission new vessels in Namibia, Mozambique; expand in US
Spanish vertically integrated firm Grupo Nueva Pescanova will invest €42.5m to renew its fleet in Africa, as part of its 2020 strategic plan, which also foresees expanding in the US retail market Continue reading
Pescanova to invest €125m; aims for sales of €1.5bn
Restructured Spanish fishing firm Nueva Pescanova plans to invest €125 million in the next five years in its fleet and aquaculture units, including a new research center Continue reading
Pescanova debtholders sue previous owners over contracts
Pescanova debt-holders, a group of banks who now control 80% of the Spanish fishing firm, are suing the previous owners for contracts they signed last year Continue reading
Banks rule out industrial partner for Pescanova
Spanish multinational 'can and should' be more autonomous, according to sources close to the company's management Continue reading
Former head of Campofrio to be new Pescanova CEO
Ignacio Gonzalez told Undercurrent News he is joining the Spanish seafood multinational on Feb. 1
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Creditor banks to keep 71% stake in Nueva Pescanova until losses recovered
Creditor banks will keep shares from three to five years, the 'time required' to recover losses and guarantee the continuity of the company Continue reading
‘Nueva Pescanova’ capital increase completed
The CEO of the new entity is expected to be announced in December Continue reading
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