Shetland Catch Ltd
The owners of Shetland Catch have agreed that Pelagia will increase their ownership from 50 to 75% in Shetland Catch Ltd. The board structure of Shetland Catch remains unchanged.
The agreement includes the decision to have both operations and administration integrated with Pelagia and ensures the future viability of Shetland Catch.
The operational integration means that investments will be made in order for Shetland Catch to be the preferred purchaser of fish in the area.
Our customers should be assured that the agreement will give them a broader product offering and increased possibility to find the best solutions for future development of our relationship.
The agreement ensures Shetland Catch access to expertise and Pelagia’s financial muscle as security for the continued operation in cooperation with employees and vendors.