M&A advisor: Future consolidation a must for seafood industry
‘Cases such as Pescanova will have to be defined to succeed,’ Ignacio Kleiman says.
Ignacio Kleiman, M&A advisor and managing partner at Antarctica Advisors, said there will be more consolidation in the global fishing industry if it wants to achieve better efficiency, capital and management, reports Faro de Vigo.
“To trade perishable goods, such as fishery products, with the added complexity that it is for food, has many obstacles,” Kleiman said. “It requires a certain level of sophistication.”