Iceland Seafood Agrees on Head of Terms to Acquire Elba S.L.
Iceland Seafood International “Iceland Seafood” is delighted to announce it has agreed heads of terms with GPG seafood ehf and IceMar ehf, the current owners of Elba S.L. (“Elba”) to acquire the Barcelona based company which will be a great addition to Iceland Seafood’s S-European operation.
The heads of terms are signed with the intention of both parties to conclude a share purchase agreement as soon as possible. The proposed acquisition will be subject to customary Due Diligence review and board approval. The intention is to have...
To Read Full Story Login Below.