Sources: Nissui eyes investment in German processing, trading startup

Japanese seafood giant Nippon Suisan Kaisha (Nissui) is looking at investing in a processing and trading startup in Germany, connected to former Icelandic Group executives, sources told IntraFish.

Nissui is reportedly in talks to take a stake in Leuchtturm, a holding company for a trading business, The Seafood Traders (TST) and a processing company, The Seafood Processor (TSP).

Current and former employees of Nissui in Europe, as well as sources in the European frozen business, told IntraFish Nissui is looking at the move.

Tatsuo