After several years on the lookout, Danish processing giant Espersen finally secured a foothold in its biggest market this week by acquiring the struggling UK operations of Iceland Seafood International (ISI).
The UK market currently accounts for roughly 30 percent of Espersen's business in terms of volume, all of which is private label.
Klaus Nielsen, CEO of Espersen, told IntraFish the group has been looking to establish a presence in the UK market for several years, but because of various factors -- Brexit, COVID-19, logistical challenges, the war in Ukraine, to mention a few -- the process has been delayed.
