cocinera

Pescanova once had the largest share there, but in 1994 slipped behind La Cocinera (17.6% versus 14% in volume, 17.9% versus 15.7% in value), which specializes in that sector.

The Findus Group, owners of Young's Seafood, has secured approval from the Spanish Competition Authorities (la Comision Nacional de los Mercados y la Competencia) for the acquisition, without conditions, of La Cocinera frozen ready to eat meals business from Nestle Spain.

Nestle has agreed to sell its La Cocinera frozen meals business to the Spanish arm of Findus Group, the UK food and seafood supplier which also owns Young's Seafood of Grimsby.