Profand Group Closes Agreement with Corporación Financiera Alba Adds to Shareholding Structure
Multinational fisheries company Profand Group announced that Corporación Financiera Alba will be added into its shareholding structure, on September 13.
Alba now becomes a long-term minority shareholder, which will see the financial firm invest 100 million euros in Profand for a 23.7% stake in the company.
Profand said it has grown both in Spain and internationally over the next decade and the addition of Alba will see the company increase its commitment to “profitable growth always based on its philosophy of complete respect for marine resources and...
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