Iceland Seafood invests in Ireland

Iceland Seafood International (ISI) last night completed the acquisition of the specialist Irish smoked salmon products company Carr & Sons in a deal worth almost £6 million. The official purchase price is €6.5 million or 1 billion Icelandic kroner (ISK). In parallel with the acquisition of Carr & Sons, Iceland Seafood has also acquired a…

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Iceland Seafood’s sales and profits soar

THE international fish trading company Iceland Seafood International (ISI) has reported a significant rise in its 2018 half year sales and profits. As part of its growth strategy, ISI has agreed two strategic purchases already this year, the Spanish acquisition Solo Seafood/Icelandic Iberica in August (which was finalised this month) and the Irish fish trading…

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Icelandic group seals Spanish deal

ICELAND Seafood International (ISI) says it has finalised the acquisition of Solo Seafood (the company which owns Icelandic Iberica), enabling it to become a fully integrated European industry powerhouse. The deal creates a combined group with sales of more than €400 million. Icelandic Iberica is one of the leading seafood suppliers in the southern European…

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Sales and profits surge for global trader

THE global trader Iceland Seafood International (ISI), which has just purchased Ireland\’s largest fish business, has reported higher sales and profits for 2017. Full year revenues totalled €249 million, up from €246 million in 2016, while the profit before tax rose by 6.5 per cent to €3.5 million. Two weeks ago, ISI acquired Oceanpath, Ireland\’s top seafood company which sources, processes…

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