Pescanova owns 95% of Pescafina shares. (Photo: Pescafina)
Pescafina, a company in which Pescanova owns 95 per cent of the shares, is the first subsidiary of this multinational firm requesting a creditors’ meeting, in an attempt to ensure business continuity until its financial situation is clarified.
Meanwhile, the activity in Pescafina continues being developed as usual.
The company presented the request of a creditors’ meeting on the same day when Pescanova announced the voluntary creditors’ meeting. It is estimated that Pescanova Group is facing a debt of about EUR 2,700 million, that is to say, more than EUR 1,200 million above what can be seen in the audited liab...
Sea Harvest getting closer to buy Viking Fishing assets South Africa
Frozen fish supplier Sea Harvest Group has managed to move a step closer to acquiring the fishing business of domestic peer Viking Fishing, after announcing the South African government approved a transfer of the fishing rights.