Akshata Sharma
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Bengaluru-based B2B seafood startup Captain Fresh is planning to acquire Poland-based food and beverage manufacturing company Koral to expand its footprint in the European market
This will also mark Captain Fresh's third overseas and second acquisition in the European market after US-based seafood importer CenSea and French shrimp distributor Senecrus.
Koral operates in the fish processing market and produces smoked salmon products under its SuperFish brand. It also offers a wide range of processed products such as tuna, halibut, trout and cod.
Captain Fresh said in a statement that the acquisition will mark its entry into the salmon market, estimated to have a size of $33.5 Bn.
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