Ajinomoto completes acquisition of French frozen food firm
Smoked salmon product of Labeyrie. (Photo: Labeyrie Traiteur Surgelés)
(JAPAN, 11/8/2017)
Ajinomoto Co., Inc. has completed procedures for the acquisition of all shares of French frozen food company Labeyrie Traiteur Surgelés S.A.S. (LTS). With this operation, the Japanese group intends to further strengthen Ajinomoto Co.’s consumer food business in Europe and accelerate its growth.
The EUR 27 million deal for the purchase was finalised through the Japanese company's consolidated subsidiary Ajinomoto Foods Europe.
The acquisition price takes into account factors, including the receivables held for LTS by (More Info)
Previous news:
Lenguaje
FEATURED EVENTS
TOP STORIES
Sustainable fisheries: EFCA presents new patrol vessels European Union
Today, the European Fisheries Control Agency (EFCA) presented three new patrol vessels that will strengthen fisheries inspections in European and international waters.
European Commissioner for Envir...
'This Olympic race on shrimp is not good for anyone' Argentina
Eduardo Boiero is the president of CAPeCA, the chamber that brings together most of the historical pole boats that developed the fishery. In this interview he talks about the shrimp quota, not only as...
Commercial fishing through auctions Ukraine
The beginning of 2023 was marked for the fishing industry by significant changes in the processing of permits for commercial fishing.
"One of the main goals of the implementation of the experi...
Cocaine in a tuna can container headed for the UK Ecuador
Ecuadorian authorities managed to seize 924 packages of cocaine destined for Great Britain. The drug was hidden in a container that intended to leave from one of the Guayaquil seaports. In addition to...
Copyright 1995 - 2023 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER
LTS - Labeyrie Traiteur Surgeles SAS
(JAPAN, 11/8/2017)
