Article

Iberconsa, a Galician fishing company, experienced a significant shift in ownership starting in 2015 when Portobello Capital acquired a majority stake, valued at €150 million. This acquisition led to substantial expansion, including the establishment of Iberconsa Seafood Processing in Vigo.

Portobello initiated a divestment process in 2018, concluding with the sale to Platinum Equity in 2019 for €550 million. Despite external challenges, Iberconsa's revenue has increased to nearly €500 million, with a fleet of 42 vessels and over 3,800 employees. The company is exposed to emerging markets, notably Argentina, Namibia, and South Africa.