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Week in Review: Young's sale, Nueva Pescanova top exec talks future plans, Icelandic M&A

A round-up of the most important seafood, aquaculture and fisheries news from the past week.

News from the Brussels show floor continued to roll in last week. Here's a quick recap of our most important and compelling stories.

Turning around a big tanker: Danish whitefish Espersen is putting a hold on further investments this year to focus on its core business and chilled expansion after a "challenging" year of 2017, CEO Klaus Nielsen told IntraFish.

Pangasius prices: Continued strong demand from China and other Asian countries means pangasius prices remain at healthy high levels. Click here to read what one processor had to say.

Nueva Pescanova sales rumors: IntraFishcaught up with CEO Ignacio Gonzalez to talk about the group's future.

Icelandic consolidation: On Monday, Iceland Seafood International (ISI) announced the acquisition of Icelandic Iberica. We chatted to CEO Helgi Eriksson about what this step toward vertical integration means for the company.

Young's Seafood sale: Editor Rachel Mutter penned an ingenious column on the imminent sale of frozen fish processor Young's Seafood -- analyzing why the wrong owner could ring the death knell for the firm.

Friosur bid: The sale of the salmon arm of Chilean fishing and aquaculture group Friosur is going to be a competitive one, with at least six bidders prepared to make a binding offer on the deal. It could become one of the most expensive purchases of a salmon farming group the country has ever seen, IntraFish Reporter Lola Navarro wrote early last week.

IntraFish Seafood Leadership Luncheon: Couldn't be there in person? Check out our picture gallery and watch our video from the event here.

Take a look at our full list of Editor's Picks for the week for more insight to start your week.

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Don't forget to register for the NYC Seafood Investor Forum on May 23, the seafood industry's most exclusive event. Book now -- seating is limited!

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