Morubel N.V.

Morubel N. V. is a seafood company based in Ostend, Belgium, specializing in the supply of high-quality seafood products with a focus on sustainability and responsible sourcing. Founded in 1954 in Ostend, Belgium, Morubel N.

V. is engaged in the seafood industry, providing premium products primarily to wholesalers and retailers. The company underwent a significant transformation when it merged with Ristic GmbH and Telson B. V.

in August 2016 to form Shore NV. Recently, in August 2022, Cooke Aquaculture Inc acquired Morubel N. V. from Bencis Capital Partners, which will enhance Morubel's product offerings in European markets.

Edo Abels serves as the CEO of Morubel N. V. Morubel N. V.

specializes in high-quality seafood products, including shrimp, shellfish, and various seafood specialties. These natural products are designed to meet the demands of food service and retail clients, focusing on premium quality and sustainability. The company distributes its offerings across European markets, ensuring that businesses committed to responsible sourcing can access top-tier seafood. Morubel's adherence to stringent quality standards reinforces its relationship with partners and end-users, emphasizing customer satisfaction.

For the year 2023, Morubel N. V. reported a revenue of USD 84. 77 mn and an EBITDA of USD 2.

16 mn. The company operates on a business-to-business model, primarily serving wholesalers and retailers in the seafood industry, allowing it to maintain a consistent supply of premium products. Their pricing model reflects the high standards and sustainability efforts that characterize the brand, catering to a market that values ethical sourcing and freshness. Morubel N.

V. plans to expand its product line through the integration of additional offerings from Cooke Aquaculture Inc. as part of its strategy to penetrate new European markets where Cooke is enhancing its presence. The acquisition in August 2022 facilitates this expansion, allowing Morubel to leverage Cooke's established distribution networks.

Recent developments indicate that Morubel is focused on launching new seafood products in the near future, although specific release dates have not been mentioned.