Son of Samherji’s CEO buys abroad division
The European and North American operations of Samherji, Iceland’s largest built-in seafood group, have been acquired by an organization run by the son of the group’s Chief Government Officer.
A Netherlands-based firm owned by Baldvin Thorsteinsson (Þorsteinsson), son of Samherji’s CEO, Thorsteinn Már Baldvinsson) has reached an settlement to purchase the property of Álda Seafood, the overseas operations division of Samherji.
UK primarily based abroad companies embody Ice Recent Seafood of Grimsby, which has a fish smoking operation supplying main retailers. Additionally they embody a serious curiosity within the Hull-based trawler Kirkella, Britain’s final distant water fishing vessel.
The deal leaves Samherji in Iceland clear to focus on its giant deep sea fishing fleet and its bold fish farming plans, which embody constructing a big land primarily based salmon farm within the south west of the nation.
A press release from Samherji Iceland stated: “The home and overseas actions of Samherj hf. was separated into two unbiased corporations, Samherja and Samherja Holding in 2018.
“Subsequently, the subsidiary of Samherja Holding, Öldu Seafood, with headquarters within the Netherlands, was entrusted with the operation of the actions associated to the fishing trade in Europe and North America. The possession remained unchanged.
An settlement has now been reached on the sale of the property of Öldu Seafood to a different Dutch firm below the administration and majority possession of Baldvins Thorsteinsson.”
The brand new firm will now maintain Álda Seafood’s holdings in fishing corporations in Europe and North America.”
The assertion added: “Samherji began operations on overseas soil in 1994. We believed then and actually nonetheless consider that the data and expertise that resides within the Icelandic fishing trade must be used extra extensively.
“We exported our data of fishing and processing, on board ships and ashore, however as well as, Samherji Holding has directed its enterprise to Icelandic corporations to a big extent throughout these a long time.”
The trawler Kirkella
