Icelandic seafood group Alfesca taken over by food co-op
With a new name, Alfesca now belongs to French capital. (Photo: Alfesca / FIS
French Basque food co-operative Lur Berri announced this week that it has acquired majority control of Icelandic seafood company Alfesca. Lur Berri has swelled its shareholding from 49.9 per cent to 62.9 per cent.
Alfesca's Icelandic investors have already withdrawn from it and left it with only French capital.
Private-equity fund LBO France has taken a 33.3 per cent stake in Alfesca, now renamed Labeyrie Fine Foods. The group's management holds a 3.8 per cent stake.
The business generates an annual turnover of more than EUR 700 million -- mainly in France, Benelux, Switzerland, Italy and the UK, where the group e...
Fishing will remain the yardstick of the Brexit deal European Union
Another key issue for the fisheries sector is the EU negotiations with the United Kingdom on Brexit, which are at a critical stage as Europe and London should close an agreement on fisheries in the co...
No capelin quota in the Barents Sea in 2021 Norway
The capelin stock is well below the limit for the International Council for the Exploration of the Sea (ICES) to recommend a quota.
It is the echo sounder registrations on the annual ecosystem cruise...
Copyright 1995 - 2020 Fish Info & Services Co.Ltd| All Rights Reserved. DISCLAIMER