Finance

Spanish investment heavyweight takes $118 million stake in seafood giant Profand

The move marks a further step towards consolidation in the Spanish seafood industry.

Profand is one of Spain's leading fishing companies, a long-time supplier to retail chain Mercadona, and a world leader in the fishing and marketing of cephalopods, as well as in the sale of fish in protective atmosphere trays.
Profand is one of Spain's leading fishing companies, a long-time supplier to retail chain Mercadona, and a world leader in the fishing and marketing of cephalopods, as well as in the sale of fish in protective atmosphere trays.Foto: Profand
Published 14 September 2021, 03:18Updated 14 September 2021, 14:07
Grupo ProfandMercadonaSpainShellfishM&A