Icelandic Group Sheds Another Asset With Sale of Belgian Subsidiary Gadus to Steinasalir
SEAFOODNEWS.COM by Michael Ramsingh - April 11, 2017
Icelandic Group has completed the sale of its Belgian subsidiary, Gadus, to another group of seafood companies based in Iceland.
Steinasalir has acquired the full assets to Gadus’ operations. Steinasalir is owned by established Icelandic seafood companies, including Saemark Seafood, Fishproducts Iceland, and Akur, an Icelandic based private equity fund. The buyers aim to further promote sales and marketing of high quality seafood in Belgium and Central Europe.
Gadus handles and produces about 7.000 metric tons of products annually and employs about 130 people...
To Read Full Story Login Below.