Sealord owner denies report Nissui looking to exit

Tue, 09 Jul 2013

July 10 (BusinessDesk) – Kura, the owner of fishing group Sealord, has scotched a media report that its Japanese investor is looking to exit the business after profits tumbled last year on a charge against an Argentinian venture. Tokyo-based Nippon Suisan Kaisha, which owns half of Kura, is trying to exit the business after taking over Sealord’s lucrative European marketing arm, Fairfax media reported this week. Kura chairman Whaimutu Dewes said the report was “quite wrong.” “Kura’s shareholders are supportive of the work being done to addre...

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