Frinsa’s Portuguese Subsidiary Boosts Sardine And Mussel Capacity

Frinsa-owned Portuguese canner A Poveira has expanded its sardine and mussel production capacity with new processing lines and upgraded facilities, as it targets EUR 200 million in annual revenue. The plant already has significant tuna operations, producing 1 million cans daily, primarily under its Minerva brand. The new lines, backed by a EUR 17 million investment, began operating in September and will produce 350,000 cans of sardines and 100,000 cans of cod daily. The expansion is expected to lift the company’s workforce to more than 1,000 employees. The A Poveira plant currently employs 940 people and plans to recruit another 140, according to Economía Digital Galicia.

Frinsa acquired a 50 percent stake in A Poveira in 2019 and increased its ownership to 75 percent in 2021. With the new production lines operational, the cannery is expected to contribute 20 to 25 percent of Frinsa’s total revenue. In September, Atuna reported that Frinsa continues to reward its shareholders, who are members of the Carregal family that owns the company.