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Marfrío Moves to Block Pernas’ Third-Party Sale of Portuguese Tuna Plant Stake

The move escalates a dispute over control and valuation of a 50% stake in Portugal’s Central Lomera Portuguesa.

Overview

  • Marfrío says it has filed a preventive notice in Portugal’s commercial registry to bar any sale of Central Lomera Portuguesa shares to third parties, citing an alleged breach of the shareholders’ agreement.
  • Pernas has launched a formal process to sell its 50% holding in the plant and rejected Marfrío’s €1.4 million bid as too low.
  • The company reports receiving three firm offers for the stake, including Marfrío’s proposal and a separate, unconfirmed offer of €2.5 million.
  • A recent court order authorized Pernas’ purchase of 65% of Atunlo O Grove, transferring control of assets including 50% of CLP, while Pernas contends the ruling requires only a €1.06 million deposit rather than acceptance of Marfrío’s bid.
  • Pernas has engaged lawyer José Antonio Iglesias Puerto of HTO to run the sale; CLP in Vila Nova de Cerveira spans about 14,000 m² with capacity near 20,000 tonnes of precooked tuna loins per year.