The food sector in general, and the fisheries sector in particular, has been a safe haven sector during the crisis, especially for the \"non-premium\" product segments. Proof of this are the corporate movements that have taken place in the sector.<\/p>\n
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The most relevant operations during 2012<\/strong><\/p>\n The main partner of\u00a0Fandicosta<\/span>Angel Martinez Varela bought the fish wholesaler\u00a0Calpdenia\u00a0<\/span>que desarrolla su actividad en ‘Mercavalencia’ mediante una ampliaci\u00f3n de capital por 0,2MM\u20ac por el 77,8% de las participaciones.<\/p>\n Fandicosta, founded in 1996, is part of a Galician business group with a long history in the fishing sector and is one of the top ten marketers of frozen fish products in Spain. The company has holdings in companies such as Pesquera Cruz del Sur, in Argentina, and Blue Planet, with headquarters in Vietnam and China. The company currently has 24 deep-freezer vessels operating in different fishing grounds around the world and 50,000 square metres of facilities, half of which are dedicated to product processing, with a volume of 26,000 tonnes per year.<\/p>\n During 2013, the Meira-based frozen seafood company Fandicosta bought 32.5% of its shares held by the Profand Group (Promar and Fandicosta) as treasury stock for around \u20ac2 million, according to the Vigo-based consortium's annual report, which puts the capital gains obtained from the sale at \u20ac851,682. The other shareholders of Fandicosta, including the company Tebra, controlled by the president of the Meira-based company, \u00c1ngel Mart\u00ednez Varela, and Conservas y Frigor\u00edficos del Morrazo, will assume Profand's share proportionally. The operation puts an end to the litigation that Fandicosta and Fandi\u00f1o had been maintaining for several years over the remuneration of the company's administrator, according to sources consulted.<\/p>\n The Gran Canaria fish and seafood wholesale company CANPESCA<\/strong> was majority-owned by Jos\u00e9 Ram\u00f3n Mar\u00edn Lopez.<\/p>\n The company Atlantic Swordsmen<\/a>\u00a0was founded in 2003 as an alliance of 30 shipowners (80%) together with Eduardo Vieira (20%) to market Swordfish and defend the inter-daily price. During 2012 the company acquired Eduardo Vieira's shareholding\". The origin of the company shows the war that exists between producers and marketers to capture the added value paid by the end consumer. Some opt for vertical integration by joining production and marketing and others for joining production and gaining negotiating weight, as is the case of Espaderos\", says Diego Gutierrez, corporate finance expert at\u00a0ABRA INVEST<\/a><\/span>.<\/p>\n Acquisitions to gain size and expand the commercial network<\/strong><\/p>\n The company\u00a0Mercapesca Import Export<\/span>\u00a0positioned in the import and export of octopus, squid, squid, squid and squid from Morocco, acquired the 100% of the company Gestiones Kraff 2007. This company, which in 2011 had a turnover of between 3 and 6 million euros and specialises in the production of refrigerated products based on octopus, has announced a renewal of its machinery and an increase in revenue of 22% in 2013.<\/p>\n Fish and seafood trading company\u00a0Pasapesca<\/a><\/span>\u00a0has increased its participation in\u00a0Natproducts<\/a><\/span>\u00a0from 30% to 80% through the purchase of the businessman Javier Blanque. Nat Products is a company dedicated to the distribution and delivery of all kinds of frozen and fresh products to hotel, restaurant, catering and collective customers, specialising in fish and seafood.<\/p>\n \u00abVarias de las operaciones analizadas se han debido a movimientos estrat\u00e9gicos para ampliar o tener mayor control sobre la red comercial. Por ejemplo, el caso de Pasapesca ha incrementado el control sobre Natproducts para incrementar su presencia en el canal Horeca\u00bb analiza Diego Gutierrez.<\/p>\n