The company\u00b4s primary brand, \u00b4Icelandic Seafood\u00b4 is not included in the sale.<\/p>\n
Solo seafood is owned by established Icelandic seafood companies that are among Icelandic Ib\u00e9rica\u2019s main suppliers. These companies, which include Fisk-Seafood, Jakob Valgeir and Nesfiskur, have supplied seafood to restaurants in Southern Europe, via Icelandic Ib\u00e9rica, for years. The buyers aim to further promote sales and marketing of Icelandic seafood under the Icelandic Seafood brand in Southern Europe.<\/p>\n
In addition to the purchase agreement, Icelandic Group and Solo seafood have signed a brand licensing agreement, securing Solo seafood exclusive utilisation rights of the Icelandic Seafood brand in Southern Europe. Hj\u00f6rleifur \u00c1sgeirsson, who has been Icelandic Ib\u00e9rica\u2019s CEO for the past 20 years, will maintain his role post-acquisition.<\/p>\n
The purchase agreement is subject to approval from The Central Bank of Iceland and the Spanish Competition Authorities.<\/p>\n
Herd\u00eds Dr\u00f6fn Fjeldsted, Chairman of Icelandic Group\u2019s Board and CEO of the Enterprise Investment Fund said, \u201cWe are pleased with the result and believe that ownership by Icelandic producers provides an opportunity to further increase the value of seafood originating from Iceland sold under our established Icelandic Seafood brand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Icelandic Group has signed an agreement to sell its Spanish subsidiary, Icelandic Ib\u00e9rica, to Solo seafood ehf.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"sponsor":[],"class_list":["post-10094","post","type-post","status-publish","format-standard","hentry","category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/10094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/comments?post=10094"}],"version-history":[{"count":0,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/10094\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media?parent=10094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/categories?post=10094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/tags?post=10094"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/sponsor?post=10094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}