Royal Greenland Looking to Buy More Snow Crab and Coldwater Shrimp Access, CFO Tells Japanese
SEAFOODNEWS.COM [SeafoodNews] October 16, 2017
During a recent visit to Japan, Mr. Nils Duus Kinnerup who is CFO of Royal Greenland, spoke to the fisheries press about his company's plans to increase its access to both snow crab and shrimp. They are actively looking for new acquisitions in Canada, said Kinnerup.
Royal Greenland purchased Quin-Sea, a major Newfoundland snow crab supplier, in March of 2015. Kinnerup said they hoped to increase the amount of snow crab sales to Japan.
Japan is an important market for Royal Greenland, and it has a 25 year history of sales there.
Kinnerup said it was essential for his company to secure raw materials in order to expand sales...
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