Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Gadus is specialized in the production and sale of fresh seafood to retailers and wholesalers. (Photo: Icelandic Group)

Icelandic Group sells its Belgian operations

Click on the flag for more information about Iceland ICELAND
Thursday, January 12, 2017, 01:00 (GMT + 9)

The board of directors of Icelandic Group has decided to initiate a public sale process for its Belgian operations, Gadus.

Gadus is specialized in the production and sale of fresh seafood to retailers and wholesalers. The company has being operating for over 25 years, and is the second largest fish processor in the Belgian fresh fish market.

The company sells about 7,000 tonnes of product annually and is a category leader for large retail and cash & carry chains. Besides, it has signed a long-term exclusive contract with a major retailer in 2015.

Gadus’s revenues totalled approximately EUR 83 million in 2016, and it employs nearly 130 people.

Íslandsbanki Corporate Finance will be in charge of managing the sale of all Gadus shares.

The announcement of the sale of Gadus follows another event by Icelandic Group in mid-December, an agreement with Nesfiskur ehf for the sale of its subsidiary Ný-Fiskur. This operation would not include the company's trademark, Iceland Seafood.

This sale is part of the Iceland Enterprise Investment Fund's plan to simplify the operations of Icelandic Group, which belongs to it as a whole.

Earlier, the investment fund had informed the sale of another subsidiary of Icelandic Group located in Spain, to an Icelandic producer.

Related articles:

- Icelandic Group sells its subsidiary Ný-Fiskur
-
Icelandic Group sells Spanish subsidiary to Icelandic producers


[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United Kingdom
Nov 21, 04:00 (GMT + 9):
Senior MPs urge the Marine Stewardship Council to review Standard
Ecuador
Nov 21, 00:40 (GMT + 9):
BioMar appoints new General Manager
Malaysia
Nov 21, 00:30 (GMT + 9):
Cockle farm project helps Selangor fishermen diversify income
South Africa
Nov 21, 00:00 (GMT + 9):
Oceana impacted by stronger rand, lower prices
Spain
Nov 20, 22:50 (GMT + 9):
90pct of Valencian fishing boats comply with regulations
Peru
Nov 20, 22:00 (GMT + 9):
Marine ingredients support global aquaculture vertiginous growth
Barbados
Nov 20, 21:30 (GMT + 9):
54pct of Caribbean species continue overfished or fully exploited
New Zealand
Nov 20, 20:40 (GMT + 9):
Kaikōura coast fishery ban extended
United States
Nov 20, 20:10 (GMT + 9):
Fisheries Commission supports Omega Protein’s Atlantic menhaden claim
Mexico
Nov 20, 19:50 (GMT + 9):
Totoaba could have a promising future with aquaculture
United States
Nov 20, 12:00 (GMT + 9):
Scientists hope smart phone app yields clues in shrimp study
India
Nov 20, 05:20 (GMT + 9):
‘Chilika Fresh’ & ‘Fish On Wheels’ Promise Fresh Fish In Bhubaneswar
United Arab Emirates
Nov 20, 04:00 (GMT + 9):
Emirates SkyCargo to boost e-commerce shipments including fresh fish
Canada
Nov 18, 02:20 (GMT + 9):
Pension plan buys Atlantic Aqua Farms mussel producer
Morocco
Nov 18, 01:30 (GMT + 9):
Spain intends to achieve greatest possible increase for bluefin tuna TAC



Lenguaje
FEATURED EVENTS
  
TOP STORIES
50-80pct of fish in Pacific Islands could disappear due to climate change
Canada Many Pacific Island nations will lose from 50 to 80 per cent of marine species in their waters by the end of the 21st century if climate change continues unchecked, warn the authors of a new Nippon Foundation-Nereus Program study.
Galicia and Wales will sign an agreement to minimize 'Brexit' impact
Spain Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will have and avoid damage to the fishing sector.
Spain intends to achieve greatest possible increase for bluefin tuna TAC
Morocco The General Secretary of Fisheries of Spain participates in the negotiations of the 25th ordinary session of the International Commission for the Conservation of Atlantic Tunas, which takes place in Marrakech from November 14 to 22.
AZTI to analyze climate change effects in four important Spanish fisheries
Spain Setting the effects of climate change on the fisheries of Spanish fleets is the aim of a project developed by AZTI until June 2018.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER