Captain Fresh, the Indian seafood processor, has struck a deal to acquire Spanish tuna company Frime. The financial terms of the deal were not revealed. Frime has roots going back to 1937 in Barcelona's La Boqueria Market, founded by Jesús Ramon Gómez, with his son Salvador Ramon Gràcia officially establishing the brand in 1977. When approached by Just Food for details on the specific assets involved in the deal, Captain Fresh declined to comment. The completion of the Frime deal is contingent on regu ...

Norwegian industrial investment firm Pangea has purchased seafood processor Milarex from private-equity group Summa Equity. Financial terms were not disclosed. Norway-headquartered Milarex, established in 2016, sold a stake to Summa Equity a year later. Announcing the sale to Pangea, Summa Equity said Milarex has “rapidly scaled into one of the most advanced players in secondary seafood processing”. The company, which markets smoked, fresh and frozen salmon, has a processing site in Poland. Summa Equi ...