Dutch-German seafood group Parlevliet & Van der Plas has swooped to acquire Deutsche See, Germany’s largest fish processor.
The deal, struck for an undisclosed sum, remains subject to the approval of competition officials in Germany.
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Deutsche See’s owners, Egbert Miebach and Dr Peter Dill, jointly decided to put the company up for sale after Miebach fell ill last year.
The group buys fish worldwide, which is processed at its headquarters in the port city of Bremerhaven in northern Germany. Deutsche See, which employs over 1,700 people at 22 locations throughout Germany, supplies the retail and foodservice sectors.
Parlevliet & Van der Plas has supplied Deutsche See “for decades”, it said in a statement announcing the acquisition. It added: “No changes are planned to Deutsche See’s successful business model or to the company’s locations.”
Dirk-Jan Parlevliet, a director at Parlevliet & Van der Plas, is being lined up to join Deutsche See’s management next month. He said: “We have a lot of plans. The acquisition of the German fresh fish and seafood specialist and market leader opens up the possibility for us to enter new and strategically important markets of the future in Germany. P&P and Deutsche See businesses are now vertically connected with each other all the way from catching fish to the plate. As a result, Deutsche See will be able to offer more fish from the German P&P fleet in future, and this with the usual top quality.”
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By GlobalData
