Danish company poised to take majority ownership in Quin-Sea Fisheries

One of Newfoundland and Labrador’s largest seafood processing companies is about to undergo a change in ownership, with Royal Greenland of Denmark poised to buy a majority ownership in Quin-Sea Fisheries Limited. Details of the purchase have not been disclosed, and the deal is contingent on the approval of the provincial government. Quin-Sea spokesman Gabe Gregory says it is a positive development for the industry, since Royal Greenland is a very large company with access to an extensive marketing and sales network in Europe and Asia. Read the article here 12:22

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