Eurocontact
Squarefield acted as exclusive financial advisor to Lenger Seafoods Group on the sale of Eurocontact to a European trading company
On December 12, 2024, Lenger Seafoods Group (“Lenger”), a global company in the fish and seafood industry, entered into a definitive agreement to sell its French subsidiary, Eurocontact, a company specialising in the trading of premium seafood products, to a European company active in the trade of fresh and frozen products.
The transaction is part of Lenger’s strategy to streamline operations and focus on core activities. The divestment of Eurocontact allows Lenger to sharpen its business strategy, focusing resources on core operations.
Lenger Seafoods Group
Lenger Seafoods Group is a Netherlands-based family company specialising in the fishing, processing, sales, and distribution of high-quality shellfish and crustacean products in fresh, frozen, and canned formats. With a strong reputation as one of Europe’s leading shellfish companies, Lenger is renowned for its commitment to quality, providing premium products to customers across various markets.
Igor Kint – CEO Lenger Seafoods Group“We are pleased to have found a buyer whose expertise and ambitions align with the strengths and potential of Eurocontact. This transaction is in line with our strategy to focus on core activities while finding the best opportunities for our employees and customers.”
Eurocontact
Eurocontact specialises in trading activities, sourcing a diverse range of premium seafood products from across the world. Eurocontact distributes these high-quality end-products to customers in the French retail and foodservice sectors, ensuring a reliable supply of fresh and frozen seafood to meet market demands.