Van der Zwan acquired a majority stake in Ekofish Group

Squarefield acted as exclusive financial advisor to the shareholders of Ekofish Group on the sale of a majority stake to Van der Zwan

On 1 October 2018, our client Gebr. De Boer, founders of Ekofish Group (“the Company”), decided to take a next step into the future of their company, with the Dutch fishing company W. van der Zwan & Zonen (“Van der Zwan”) acquiring a majority stake in the Company for an undisclosed amount. Ekofish Group is well known as the Company in which innovation and sustainability plays an important role, as reflected by the most sustainable fishing vessel “Spes Nova” (UK205) which has been developed by the Company and is currently in construction. This strategic step also enables Ekofish Group to provide its existing business partners with an even better service in regard to sustainable caught and responsibly processed fish products.

In order to speed up the realisation of this vision of the future, the brothers and current shareholders decided to enter into a partnership with a large partner in fishing and fish industry Van der Zwan, located in Scheveningen/The Hague, the Netherlands. Van der Zwan wants to develop the future of the company together with the current team within the vision of Ekofish Group. The management, sales team as well as the skippers on the vessels remain active within the new partnership.

2018