Entries by AntarcticaAdmin

Seafood Executive Outlook 2019: Investment, optimism and a lot more M&A

Our exclusive survey of over 300 top seafood executives gives guidance to where the industry is headed. Download it now! Seafood executives are in an optimistic space right now, with many saying they expect higher revenues, more M&A activity and more investment in infrastructure and new product development in the coming year. That’s according to […]

Could Blackstone go fishing for deals with new $22bn-plus fund?

The Blackstone Group has just raised more than $22 billion from investors for its latest private equity fund. With this mountain of money could the US-based buyout giant look at seafood mergers and acquisitions (M&A)? Given the increased private equity appetite for seafood M&A, maybe, according to Undercurrent News sources. Blackstone — the world’s largest asset manager […]

Nine big seafood M&A moves to watch for in 2019

By Jason Huffman, Tom Seaman and Jason Smith The seafood industry has a fever and the only thing that will cool it down in 2019 is more consolidation. To say there were a lot of mergers and acquisitions in 2018 would be an understatement. Undercurrent News has identified 127 deals, up from 117 in 2017 […]

M&A Advisor: More US firms need to be looking to secure resources overseas

Undercurrent News – August 22, 2018 North American companies need to be more aggressively seeking access to raw material resources overseas, believes Birgir Brynjolfsson of Antarctica Advisors. Speaking to Undercurrent News, Brynjolfsson – who worked as the exclusive advisor to Mitsui & Co on its March 2018 deal for Mark Foods – noted there is a perception […]

Sources: Iberconsa, Pescanova an ‘ideal match’; management would prefer PE

The likely upcoming sale process for Portobello Capital’s stake in Grupo Iberica de Congelados (Ibercosa) will attract a lot of trade and private equity interest, with the Madrid, Spain-based  private equity (PE) investor in a strong position, said one banker. According to one source, Gorjan Nikolik of Rabobank, investors should look at unifying Ibercosa and […]

Is now a good time to sell your company?

US seafood companies may have a window. President Trump’s increasingly tough stance on trade is worrying many US seafood industry players, as it does not necessarily consider that some 85-90 percent of the seafood we consume in this country is imported. Increasing barriers to imports many result in higher raw material costs, lower profitability, a […]

Los fondos de inversión revolucionan la industria pesquera gallega

Son negocios en expansión con generación constante de caja, de ahí que sean atractivos para este tipo de sociedades. La comercialización de productos del mar está al alza en Europa (por la recuperación del consumo tras la crisis), Estados Unidos (con nuevos formatos) y Asia (por una creciente clase media en China). En Galicia es […]