Iceland Seafood Iberica, the Spanish subsidiary of Iceland Seafood International (ISI), has signed an agreement to sell its Malaga-based production and distribution company Elaboracion de Congelados Malaga (Ecomsa) to Aquamar Gold, an Andalusian seafood distribution company also based in Malaga.
The sale is a direct consequence of Iceland Seafood moving all its production in Spain to its Barcelona factory, after which Ecomsa became a focused distribution company in direct sales to restaurants and hotels, which is a business outside the core strategy of Iceland Seafood Iberica.
