PAI Partners, a private equity firm, agreed to acquire a 50.1% stake in Angulas Aguinaga, a provider of canned and cured fresh, frozen, smoked, and cured fish and seafoods, from Portobello Capital, a private equity firm. The completion of this transaction is subject to customary regulatory approvals. Financial terms were not disclosed. “The partnership with PAI will help us activate a new phase in our development, and we look forward to benefitting from PAI’s extensive experience in the food sector, as well as its international platform,” Ignacio Muñoz, Angulas Aguinaga CEO.