Nueva Pescanova Raises €283M to Fund Growth as 2025 Profits Jump

Vigo, Spain-headquartered Nueva Pescanova announced a €283 million ($332 million) capital increase to fund growth projects, following strong financial performance in 2025 and early 2026.
ABANCA, the seafood group's primary shareholder, will subscribe €279 million of the capital increase, while minority shareholders can participate through cash contributions.
Nueva Pescanova closed 2025 with a net profit of €1.1 million, EBITDA of €71.2 million (up 56.5% year-over-year), and turnover of €1.054 billion (up 7.3%). The company said this momentum has continued...
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