Spanish frozen hake processor Ibérica de Congelados (Iberconsa) is working on new projects that would have been impossible without the capital injection provided by Spanish private equity group Portobello Capital through the acquisition of a majority stake of the company, finalized Dec. 22, Iberconsa CEO Alberto Freire told IntraFish.

“The introduction of Portobello in Iberconsa meant the company will now be able to take over projects that were out of our reach before due to their dimensions and costs,” Freire said.

However,