Seafood Group Milarex Sold to Norwegian Investor Pangea
Norwegian industrial investment firm Pangea has purchased seafood processor Milarex from private equity group Summa Equity.
Milarex has a presence in more than 30 markets worldwide. Financial terms of the deal were not disclosed.
Summa Equity said Milarex has "rapidly scaled into one of the most advanced players in secondary seafood processing"
Norway-headquartered Milarex, established in 2016, sold a stake to Summa Equity a year later. The company markets smoked, fresh and frozen salmon, and has a processing site in Poland.
- Milarex has increased revenues five-fold under Summa Equity's ownership.
Author's summary: Milarex sold to Pangea.
More News
- Los Altos football moves step closer to league title with win over Chino
- Traditional ecological knowledge is under threat in the Vietnamese Mekong Delta
- Wilson is wrong about women’s rights and the 19th Amendment
- Overshoot: Exploring the implications of meeting 1.5°C climate goal ‘from above’
- Best Cryptocurrencies to Buy Today, October 17 – Hyperliquid, Ethereum, BNB
- The 5 Biggest State Tax Cuts for Millionaires this Year
- Founding KISS guitarist Ace Frehley dies, aged 74
- Saleshando calls Boko to account for health emergency
- Council slammed for non-provision of lollipop warden in Castleisland | RadioKerry.ie