Russian Sea Group sells branded division
date:Dec 18, 2012
Russian Sea Group has announced a series of agreements to sell Russian Sea CJSC to a group of investors for USD 52 million (EUR 39.5 million).

The deal is expected to be finalized in early 2013.

Russian Sea CJSCs main asset is a production facility in Noginsk, Moscow, where it produces preserved fish and seafood from chilled Norwegian salmon and trout, and salmon roe.

For a long time the company is the least profitable business of the group, not being strategically required to implement long-
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