The Portuguese group ETSA has announced the acquisition of 100% of the capital of Grupo Barna, a company located in Mundaka (Vizcaya) specialised in the recycling of fish by-products and the production of natural feed.
According to the official statement, ETSA completed the operation by purchasing the shares of the investment fund Corpfin Capital and a group of minority shareholders. In it, ETSA notes that this transaction will allow both companies to ‘expand their business areas, within the framework of the principles of sustainability and circular economy’. The integrated management of both groups will also allow ‘to explore many opportunities, diversify business areas and seek new markets’.
The Barna Group, which also has a production plant in Tarifa (Cádiz), is dedicated to the production of proteins and oils from the processing of marine products, mainly for the animal feed sector.
Founded in 1961, the Barna Group opened its first factory with the aim of making use of surplus fish and by-products generated by canneries, fishmongers and other fishing industries.
Today, the company has more than 120 employees and operates two plants that annually process more than 50,000 tonnes of fish by-products.
The ETSA Group, which specialises in food recycling, was established in 1973. It has facilities in several municipalities in Portugal and owns several companies in the sector, including Sebol, ITS, ETSA Log, Abapor, Aisib, Biológica and Tribérica, involved in food recycling, distribution and transport of products.
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