Giuseppe Mavica and Jutta Beiten founded Intercont Großhandels GmbH in 1977
All-Fish and Seawork Fish Processors take over German seafood importer
Monday, December 02, 2019, 01:00 (GMT + 9)
The German-Namibian partnership will take over the shareholding of a seafood importer and wholesaler in Southern Germany
All-Fish Handelsgesellschaft mbH (All-Fish), Kronshagen, and Seawork Fish Processors (Pty) Ltd (SFP), Walvis Bay, Namibia will collaboratively take over the shareholding of Intercont Großhandels GmbH in Garching, Germany, effective 1 March 2020.
The previous shareholders jointly decided to sell their business to the experienced partnership of All-Fish and SFP to ensure that the legacy built up over many years continues to thrive with the youth and drive which the new owners bring to the table.
“We are very happy to have reached an agreement are relieved to know that Intercont will be led by a team of professionals and will stay a force to be reckoned with for many years to come," said former shareholders and management team Giuseppe Mavica and Manfred Löw.
The previous shareholders both agreed that for them it was important to find suitable successors that bring with them the necessary experience and enthusiasm to run the business forward and to take it to new heights.
Herman Kroes, Stefan Schulze and Alexander Kögel will take over as the future management team of Intercont.
Herman Kroe, director of All-Fish, explained: “We would like to ensure all of Intercont’s current business partners that for them there will be no significant changes or implications as a result of the takeover. Intercont will remain in operation independently from All-Fish and SFP and will continue to supply the same variety of products, in particular the ITC brand, to the existing customer base.”
Intercont Großhandels GmbH is a wholesaler and trader of frozen seafood since 1977. The target market, mainly based in southern Germany and south-eastern European counties, has access to a wide variety of frozen seafood ranging from fish, crustaceans und shellfish under the inhouse trademark ITC, as well as other well-known brands.