Grupo Profand Interest In Acquiring Canary Islands Seafood Firm

Vigo-based vertically integrated fishing company Grupo Profand is keen on acquiring the Canary Islands-based Unión Martín, another firm with tuna and seafood operations at its helm. Profand, which is undergoing a restructuring process, is evaluating the deal prospects, reported Economia Digital Galicia.

In 2025, Unión Martín opened a -60°C refrigerated warehouse in the Port of Las Palmas in the Canary Islands to distribute more than 2,000 tons of sashimi grade tuna annually, internatonally. The facility is supplied by the fleet of Japan tuna. Grupo Profand operations include cuttlefish, squid, octopus, and lobster, and aquaculture for sea bream, sea bass, trout, and shrimp. Last year, Atuna reported that the Group won in the New Products category for its innovative Atún 360 line, which are value-added tuna products, at the 12th Anfaco World Tuna Conference.