Seafood Group Milarex Sold to Norwegian Investor Pangea
Norwegian industrial investment firm Pangea has purchased seafood processor Milarex from private-equity group Summa Equity.
Financial terms were not disclosed.
Norway-headquartered Milarex, established in 2016, sold a stake to Summa Equity a year later.
Announcing the sale to Pangea, Summa Equity said Milarex has “rapidly scaled into one of the most advanced players in secondary seafood processing”.
The company, which markets smoked, fresh and frozen salmon, has a processing site in Poland...
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