It seems everyone in the frozen seafood sector is for sale.
This is certainly true in Europe, where the two largest players, Findus Group and Iglo Group, are set to undergo dramatic changes in the coming months.
Findus Group is set to be broken up and sold in parts by owners Lion Capital and it seems inevitable Iglo Group, owned by private equity firm Permira, will be involved in acquiring some of it.
The most likely fit into Iglo seems to be Findus’ French business, because of competition issues in the United Kingdom with the Young’s Seafood business, also strong in frozen seafood.
Orkla,
