The fishing and processing giant, listed on the Hong Kong stock exchange, will take a 19 percent stake in the Pickenpack Hussmann & Hahn Seafood and Pickenpack Gelmer plants in Luneburg, Germany and Wimille, France, Ng said. The Icelandic France sales office in Paris is also included in the acquisition.
The investment group, which will hold the remaining 81 percent of the shares in the company, consists of “individuals from Russia and the Ukraine,” he said.
“Some are pure ‘investors’ and some have other investments in the fishery business,” Ng told IntraFish.
Ng