Sea Harvest open to more acquisitions,

(04/13/18)

but Iberconsa move unlikely

South African seafood company Sea Harvest Group is still open to acquisitions if the right opportunity comes up, particularly in Australia, but distanced itself from a move for Spanish fishing company Grupo Iberica de Congelados (Iberconsa).

The company, which took another step towards closing a deal for South Africa’s Viking Fishing Group on Wednesday, has available funds at its disposal after listing on the Johannesburg stock exchange last year and its current business generates "decent levels of cash", Felix Ratheb, CEO of Sea Harvest, told Undercurrent News.

“I think once we've bedded down and got over the line the Viking acquisition then certainly.............................................


Click here to read the rest of this article:
https://www.undercurrentnews.com/