In a significant move aimed at strengthening its global seafood supply chain network, Indian startup Captain Fresh has completed the acquisition of Spain-based seafood distribution company Frime. The deal marks another major step in Captain Fresh’s strategy to build a technology-driven global seafood platform ahead of its planned initial public offering (IPO).
The Bengaluru-based company, known for digitizing seafood procurement and distribution, has been aggressively expanding its international footprint over the past few years. By acquiring Frime, Captain Fresh aims to deepen its presence in the European market and strengthen its access to premium seafood distribution channels.
