Nueva Pescanova Sells French Chilled Seafood Business to Ecuador's Omarsa

Nueva Pescanova Group has completed the sale of its chilled products business in France to Ecuadorian shrimp producer Grupo Omarsa, the Spanish seafood company announced on September 30. The deal covers Nueva Pescanova's chilled-products operations in the French market; the company is retaining its frozen products division there, which will continue operating through subsidiary Pescanova France.
The divestment is the latest move in a strategic asset review Nueva Pescanova launched at the start of the year, aimed at improving efficiency and driving value creation...
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