Pescanova reported to be divesting in the Falklands
SEAFOODNEWS.COM [Merco Press] - September 22, 2014 -
The Spanish seafood group Pescanova is reportedly close to selling Falkland Islands Lafonia Seafood, which has operations valued between €15 and €20 million, according to Cinco Días.
Lafonia owns a stake in Polar Limited, which is also in the Falklands, as well as Antarctic Sea Fisheries in Chile.
Polar, the result of a joint venture between Pescanova and Seawood Limited, has two squid vessels, catching some 13,240 tons in 2012 – a big increase from less than 6,000t in 2011.
Antarctic Sea Fisheries belongs entirely to Lafonia. It has a longline with cod fishing licenses near Falkland Islands and owns the krill catcher Betanzos.
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