IFLR1000

Iceland Seafood €13 million acquisition of Oceanpath

15/3/2018
Acquisition finance, Private acquisition
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€ 13 million

$ 14.326 million

Announced

15/3/2018

Overview:

  • Iceland Seafood has announced the acquisition of Oceanpath Seafood, the largest fresh seafood processor and retail supplier in Ireland for €13 million.
  • To finance the transaction, Iceland Seafood borrowed a total of €70 million from Arion Bank.

Jurisdictions:

Iceland
Ireland

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Banking
M&A

Industry sectors:

Consumer goods and services
Food and beverage
Fisheries and aquaculture

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