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    Home > Food News > Food Articles > Alternative to cod! Europe's largest frozen food company signs contract for the purchase of pangasius in Vietnam

    Alternative to cod! Europe's largest frozen food company signs contract for the purchase of pangasius in Vietnam

    • Last Update: 2022-11-04
    • Source: Internet
    • Author: User
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    Nomad Foods, Europe's leading frozen food company, has announced that it has signed a new contract to secure the supply
    of catfish certified by the Aquaculture Stewardship Council (ASC) from three of the world's largest suppliers, Vinh Hoan, VDTG and Godaco Seafood.
     
    Previously, some large European processors worked to secure whitefish alternatives, and after the Russia-Ukraine conflict, supply chains for cod and other whitefish were disrupted, and additional supplies in Norway, Iceland and the Faroe Islands were tight.

     
    Big brands like Nomad, Young's and Germany's Frosta are all looking for alternatives, and catfish is widely seen as one of
    the answers.
    Fast-growing, inexpensive, and mildly soft-fleshed whitefish, the fish has been a mainstay of the U.
    S.
    market for many years and was once influential in Europe
    as well.
     
    Nomad is already the world's largest brand buyer of
    Marine Stewardship Council (MSC) certified fish and seafood products.
    Nomad, who also owns the Iglo and Findus frozen food brands, saw second-quarter revenue up 17 percent to 697 million euros ($669 million) and adjusted EBITDA of 127 million euros ($122 million), up 2.
    9 percent
    from the same period last year.
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