Platinum Equity to buy majority of Iberconsa from Portobello Capital
Iberconsa is a global provider of frozen seafood products, including hake, Argentine red shrimp and squid, sold in more than 60 countries.
Platinum Equity, Beverly Hills, Calif., announced plans to acquire a majority stake in Grupo Ibérica de Congelados, S.A. (Iberconsa), Spain, from Portobello Capital, Madrid.
Iberconsa is a global provider of frozen seafood products, including hake, Argentine red shrimp and squid, sold in more than 60 countries. The company is vertically integrated across the full value chain, including wild catch, processing, commercialization and distribution.