Icelandic fishing and fish processing firm Sildarvinnslan has revealed plans to issue shares for 128.4m Icelandic crowns (US$1.49m).
The move, which was decided at the company’s general shareholders’ meeting yesterday [Tuesday], aims to raise funds which can be used to strengthen Sildarvinnslan’s position in the Icelandic fishing market.
The company added that it will also mull potential future acquisitions.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
