Fishing company Wofco has completed the divestment of its fleet and plans to increase its sales by 20% this year

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Vigo’s fishing Worldwide Fishing Company (Wofco) continues to expand its presence in the world. Acquisitions and investments in the main global metrics for the sector, catapult young fishermanable to come between top 5 Although he was born in 2016, his growth seems to have no ceiling. The projections the company manages are to continue growing in double-digit sales. 20% more, thus reaching 500 million euros at the end of the year. All of this focuses on marketing, production at source, and hunting segments provided by their investments. Not like that as a shipbuilder, where The company has completed its liquidation with the sale of its first unit in 2014, where this “adventure” started. Matilda.

Faro de Vigo of the Prensa Ibérica newspapers learned that the company Directed by Borja Tenorio and Alberto Barreiro finally i sold the longliner 47 meters long received from Greenland and under the name anita. 37 year old ship now appears under Helena Ndume and replaced the Belize flag with the Namibian flagA country that is expected to depart shortly after the Frigoríificos del Morrazo pier.

Sources consulted explain this new owner Pesquera Vaqueiroowner of other units such as Argelesefished under the French flag in the waters of the Gran Sol, or Severnaya Zemlia And Novaya ZemlyaWaving the Russian flag.

During the purchasing process anitawhich was Renovated in Nodosa to be MatildaIt was Wofco’s first foray as a ship owner, and in fact, it’s still listed on the website, as is the next unit purchased, the tuna boat aleshka.

However, Wofco is determined to focus more on other branches of the fishing business. Evidence of this are the most recent acquisitions where it gained the capacity to generate added value through the acquisition of investments such as the acquisition of 45% of Conarpesa Argentina in Rande or the facilities of the defunct Aucosa.

Growth

These moves are paying off, as the company reported to the exclusive media Undercurrent News. After billing €330.6m in 2020 (42% more)they hope to close the year with a turnover of 500 million euros, consolidating their fourth position in the fishing rankings they achieved last year, Just behind the new peskanovaProfand and Iberconsa. “The figures for the first six months of the year reconfirm our predictions”, they explained.

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