India’s Captain Fresh Buys Spanish Tuna Company Frime
India's Captain Fresh has signed a deal to acquire Spain-based tuna company Frime, El Economista reported.
The publication said Frime posted turnover of €180 million last year and has processing capacity for 15,000 tons of frozen tuna and nearly 4,000 tons of cephalopods. The company employs about 450 people, according to its website. Frime also partners with Pesca Azteca, a group with a carrying capacity of 85,000 tons annually.
The deal is expected to strengthen Frime's financial position and scale as it joins a group of significant seafood brands...
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