Iceland Seafood Completes Elba S.L. Acquisition
Iceland Seafood International announced the acquisition of Elba Seafood, the holding company of Spain-based Elba S.L.
The companies came to terms on a Share Purchase Agreement in November 2019, days after agreeing to head of terms to buy the Barcelona-based company.
“We look forward to continue development of Elba,” Bjarni Ármannsson CEO of Iceland Seafood said. “Like stated in our former announcements Elba is a strong addition to our operation in Spain and enables us to further leverage our distribution and production capabilities in this important market for Icelandic Cod..."
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