German processor Pickenpack Hussmahn and Hahn Seafood, 19 percent owned by Pacific Andes, has inked a contract with the German discounter Aldi Einkauf at a price level sources told IntraFish is below the 2011 level.

The Luneburg-based processor -- which Pacific Andes and a consortium of investors bought into last year -- has committed to the contract for frozen products such as fish fingers and schlemmerfilets at a level sources told IntraFish is “10 percent to 15 percent” below what the current raw material prices can support.

“This