WITH Canada. The control of Turkey’s largest multinational fishing company will go there. SpainNew Pescanova, after what abanca we agreed Transfer of the majority of the capital to Cooke Inc.. As confirmed in a memo sent to the media by the financial institution, the holding company established in New Brunswick will assume 80% of the capital of the group currently chaired by José María Benavent. It was FARO DE VIGO from the group. Iberian pressscooping forward negotiations with this American firm.he eventually prevailed over the Red Chamber’s and above all Iberconsa’s bids.
Special, Abanca conveyed an agreement to “negotiate the sale exclusively” for an undeclared amount. “Over the next few weeks, the usual negotiation process for this type of transaction will proceed with the aim of reaching an agreement for the majority of Nueva Pescanova to be acquired by one of the world’s leading family-owned marine protein companies.” rating status.. According to the bank, headed by Juan Carlos Escotet, its headquarters will remain in Galicia.
“Reference”
In the presentation on the issuance of the promissory note organized by Nueva Pescanova last June, Alternative Fixed Income Market (MARF), The Galician group referred to Cooke as a “reference company”. through its global integration, owning the entire value chain: wild fishing, aquaculture, processing and marketing. In addition, only these selected group included giants such as the Japanese Maruha Nichiro (world number 1) and Nissui (formerly Nippon Suisan Kaisha, number 2).
Because Nueva Pescanova is one of the few with a similar level of diversity and verticality. After leaving the tilapia farm in Brazil and losing the salmon farm (at the time of bankruptcy, with the previous board), produces 39,000 tons of vannamei shrimp and turbot per year. In the wild fisheries, more than 60,000 tons of Cape hawthorn, hubby hawthorn, black hawthorn, shrimp, prawn or squid are processed. In the last financial year (until March 2022), it added a turnover of approximately 1,090 million euros.
“Since 2015, we have made a significant effort to preserve the viability of the company and to maintain the integration of the parent company and its subsidiaries and in turn keep its headquarters in Galicia. “The agreement we reach allows us to fulfill our roadmap and integrate Nueva Pescanova into one of the world’s leading family-owned marine protein companies.”