Indian company acquires Spanish tuna processor

According to insiders, Frime's annual sales amount to approximately 180 million euros (about 211 million US dollars), employing around 500 people, with two production facilities totaling 21,000 square meters, with an annual processing capacity of about 15,000 tons of frozen tuna and 3,800 tons of cephalopod products. Its products are sold to over 30 countries, covering Europe, the Americas, and other international markets. Through this acquisition, Frime will be incorporated into Captain Fresh's global supply chain and distribution system, thereby strengthening its financial position and expanding its scale. Frime is a family-owned business focusing on high-value-added tuna slices and divided products, and in recent years, it has been continuously pushing for business transformation and international expansion. In 2024, Frime turned a profit after experiencing a previous financial downturn, with a net profit of about 500,000 euros, and in March of that year, it completed a 72 ...