NEW GERMAN JOINT VENTURE FOR ROYAL GREENLAND
New German joint venture for Royal Greenland. Royal Greenland has established a new joint venture in Germany in a move to strengthen the production and market reach of the European fresh and re-fresh market, also expanding the product portfolio into species not currently available within the Group’s own value chain.
Back in 2010, Royal Greenland established production of lumpfish roe in Cuxhaven, Germany, in 2013 supplemented by packing of various finished goods, in 2018 by processing of re-fresh raw material from Greenland and in 2019 the prawn packing facility was also established in Cuxhaven, now the Group’s central European production hub.
As per 1 May a new joint venture Royal Fresh Fish GmbH was established in Cuxhaven in the production facilities at Neufelder Strasse 37-41.
In the search of fulfilling this ambition the Group has teamed up with Mr. Carsten Frydkjær, an experienced seafood professional with a profound insight into both the fresh and re-fresh production and the markets in Europe. Mr. Frydkjær and Royal Greenland will share ownership of the new operation.
Mr. Frydkjær will bring into the operation an experienced team, who, together with Royal Greenland’s current production employees on site will take on the task of bringing production of fresh and re-fresh out of Cuxhaven to the next level.
Royal Fresh Fish GmbH will be managed as a new stand-alone entity, and the company will serve customers across all European markets.
Read more here www.royalfreshfish.com