Iceland Seafood International Subsidiary Acquires Two Argentine Freezer Trawlers for $5.8 Million
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Iceland Seafood International hf. (ISI) recently announced that THORPESCA S.A.S., the newly established Argentinian subsidiary of ISI’s branch Iceland Seafood Ibérica, acquired two freezer fishing vessels from FOOD ARTS S.A., along with their respective fishing permits and historical fishing rights, for USD $5.8 million.
The vessels, ENTRENA UNO and ENTRENA DOS, currently operate in Argentina, as does Iceland Seafood Ibérica through its subsidiary, seafood processing and trading company Achernar, which Iceland Seafood Ibérica acquired in 2017.
Once under ISI’s umbrella, Achernar underwent substantial investment and modernization...
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