Iceland Seafood International hf: Dótturfélag ISI undirritar kaupsamning um kaup á tveimur frystitogurum ásamt veiðiheimildum

Core Viewpoint - Iceland Seafood Ibérica has signed a purchase agreement to acquire two fishing trawlers, ENTRENA UNO and ENTRENA DOS, for a total price of $5.8 million, which supports its long-term strategy in Argentina and enhances its shrimp supply capabilities [1][3][5] Group 1: Company Strategy - The acquisition of the two trawlers is part of Iceland Seafood Ibérica's strategy to strengthen its operations in Argentina and increase the supply of Argentine shrimp [3][5] - The company aims to leverage its extensive experience in land-frozen wild shrimp and improve access to high-quality, frozen-at-sea shrimp, which has a higher market value [3][4] Group 2: Operational Integration - Ownership of the trawlers provides direct access to raw materials and contributes to vertical integration in the wild shrimp value chain, enhancing the supply chain and supporting existing land processing operations [4][5] - The purchase is aligned with Iceland Seafood International's strategic initiatives approved in 2024, focusing on targeted investments in Argentina to strengthen the group's position and current operations in the region [4]