Announced
Financials
Tags
Pending
Private Equity
Majority
fish food
Cross Border
Acquisition
Private
Single Bidder
Food Products
Spain
Friendly
Synopsis
PAI Partners-backed Angulas Aguinaga, a provider of canned and cured fresh, frozen, smoked, and cured fish and seafoods, agreed to acquire Copesco & Sefrisa, a Spanish manufacturing and distributing seafood gourmet company, for €30m. "In our 2020-2025 strategic plan that we have named 'We leave', we have set ourselves the objective of becoming a food multinational, leaving fishmongers, but also going out fishmongers. This purchase is a very important step because it gives us a leadership position in two key categories such as salmon and cod," Ignacio Muñoz Calvo, Angulas Aguinaga CEO.
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