The company is looking to acquire various vessel and quota assets in three separate deals believed to be in the Faroe Islands, industry sources told IntraFish.
Two sources suggested three separate deals are in the works, with one adding the Ijmuiden-based company, which has a turnover of around €350 million ($464 million), has some “significant expansion plans.”
It is believed P&P’s acquisitions will be in pelagic fishing in the Faroe Islands.
The rumors come as the bankruptcy of Faroese lender Eik Bank, which holds a significant quantity of fishing assets, has created a chance for Faroese players to increase volumes.
“Eik
