M&A Deal Summary

Union Martin Acquires Societé Mauritanienne pour la Pêche Industrielle

On December 4, 2019, Union Martin acquired food company Societé Mauritanienne pour la Pêche Industrielle

Acquisition Highlights
  • This is Union Martin’s 1st transaction in the Food sector.
  • This is Union Martin’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-12-04
Target Societé Mauritanienne pour la Pêche Industrielle
Sector Food
Buyer(s) Union Martin
Deal Type Add-on Acquisition

Target

Societé Mauritanienne pour la Pêche Industrielle

Spain
Societé Mauritanienne pour la Pêche Industrielle (SMPI) has three freezer vessels and a fishing capacity of circa 700 tonnes per year.

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Buyer(S) 1

Buyer

Union Martin

Las Palmas, Spain

Category Company
Sector Food
DESCRIPTION

Union Martin is a vertically integrated seafood company present in all stages of the value chain (fishing, processing, and distribution) with a special focus on the cephalopods’ segment (octopus, cuttlefish, and squid.) Union Martin is based in Las Palmas, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1