Dutch seafood giant Cornelis Vrolijk has bought Telson's former production facility in Lauwersoog from administrators, the company confirmed to IntraFish.
The company's subsidiary, Kegge Garnalenhandel, predominantly known for peeling and packaging North Sea shrimp, "will run its activities from there," said a company spokesperson.
Cornelis Vrolijk bought the building on May 1.
"The building will be used for the shrimp activities of our subsidiary company Kegge, who is trading shrimps," the spokesperson said.
Telson -- part of the Shore Group comprising Belgium’s Morubel, Germany’s Ristic, and Costa Rica’s Rainbow Export Processing -- filed for bankruptcy in March.
Pieter Lettinga, a partner at Dutch law firm Dorhout Advocaten -- which is the court appointed administrator for Telson -- was unavailable for comment.