Eurofish

What Eurofish does

Eurofish S.A. is a privately held Ecuadorian tuna processor founded in 1998 and headquartered in Montecristi/Manta, Manabí province. The company operates a vertically integrated model spanning an owned fleet of 21 fishing vessels (supplying 70% of raw material), a 59,129 SMT processing plant with 76,800 MT/year tuna capacity and 11,000 MT cold storage, an on-site laboratory capable of more than 400 histamine and salt analyses per day, reverse-osmosis water treatment, and a -60°C ultra-frozen cold chain through its Transmarina unit — the only such end-to-end cold chain maintained in South America.

The product portfolio is organized across four business units: core tuna (canned loins, pouches, and bulk products in oil, brine, and easy-peel formats) supplied to international private-label brands and distributed domestically under the Manabí brand; Transmarina, which sells ultra-frozen tuna loins via direct sales; the Petfood division, which manufactures wet cat and dog food for international private-label brands and was the first Ecuadorian exporter of wet cat food to the UK; and Marine Protein, which processes fishing by-products into hydrolysates for animal and agricultural use. Distribution runs through direct enterprise sales, food brokers, and Ecuadorian retail channels. Manabí is the only Ecuadorian national brand offering Easy Peel (Súper Abre Fácil) opening technology.

Eurofish generates the vast majority of revenue (approximately 95%) from international private-label manufacturing contracts across Europe, Latin America, North America, and licensed exports to China, Russia, and South Korea, with the remaining domestic consumer revenue derived from Manabí-branded retail sales in Ecuador. Twelve-plus international certifications (BRCGS, IFS Food, Dolphin Safe, MSC Chain of Custody, OU Kosher, Friend of the Sea, ISO 9001:2015, HACCP, BASC, SEDEX/SMETA, BSCI, Great Place to Work) act as a regulatory quality moat for accessing premium retail channels. The company has a regional sales office in Bogotá, Colombia, four wholly owned operating subsidiaries (Transmarina, Marine Protein, Petfood, Eurofish Colombia), and an 11-member executive committee with 45% female representation.

Name

Eurofish

Legal name

Eurofish S.A.

Website

https://eurofish.com.ec

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Eurofish S.A. is a vertically integrated Ecuadorian tuna processor with an owned 21-vessel fleet, supplying canned, pouched, and ultra-frozen tuna plus wet pet food and marine protein to international private-label brands and Ecuadorian retailers.

Ownership category

akta.pro rank

Product category

Seafood Processing

NAICS

Seafood Product Preparation and Packaging (311710), Seafood Product Preparation and Packaging (3117), Fish and Seafood Merchant Wholesalers (42446)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092), Food And Kindred Products (2000)

akta.pro primary industry

Finfish Processing (Filleting, Portioning, Trimming) (AFANADAB)

akta.pro secondary industries

Seafood Wholesale (Fresh & Frozen) (AFAIADAD), Seafood By-Products & Fishmeal/Fish Oil Processing (Rendering, Hydrolysates, Collagen) (AFANADAJ), Shellfish Wholesale (Crustaceans & Mollusks) (AFAIADAF)

Keywords

• Tuna processing
• Canned seafood manufacturing
• Private label seafood
• Ultra-frozen tuna
• Wet pet food production

Headquarters

HQ city

Manta

HQ country

Ecuador

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Private Label Manufacturing (B2B): Eurofish manufactures canned and pouched tuna and other small pelagic fish under private-label brands for international companies. This is the primary revenue driver, supplying major brands in Europe, Latin America, and North America, as well as licensed exports to China, Russia, and South Korea. Approximately 95% of production is sold internationally.
2. Own Brand (Manabí) – Domestic Retail: Sale of canned tuna and seafood products under the company's own Manabí brand through retail channels within Ecuador. The brand includes a range of products: tuna loins, tuna belly, mackerel fillets, and tuna soup (encebollado), sold in various presentations (oil, brine, with lemon, with chili).
3. Petfood (Private Label + Own Brand): Eurofish operates a pet food division producing wet cat and dog food. Initially served local brands, then expanded globally as private-label manufacturer. First Ecuadorian company to export wet cat food to the United Kingdom. Also developing own pet food brand.
4. Ultra-Frozen Tuna (Transmarina): Transmarina business unit processes and sells ultra-frozen tuna at -60°C to international buyers. Processes 5,000 MT per year. Revenue generated through direct sale of frozen tuna and other species to food service and industrial buyers.
5. Marine Protein By-Products: Marine Protein division processes sub-products of the fishing industry into hydrolysates for animal and agricultural consumption, targeting new market niches globally.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Eurofish is a vertically integrated tuna processor that catches, manufactures, and distributes canned and pouched tuna, mackerel products, ultra-frozen tuna, wet pet food, and marine protein hydrolysates. Approximately 95% of production is sold internationally as private-label supply to brands in Europe, Latin America, and North America, with licensed exports to China, Russia, and South Korea; the remainder is sold domestically under the Manabí brand in Ecuador.

Product overview

Eurofish is a seafood processing company with multiple business units: the core tuna processing business manufacturing canned tuna and pouches for export (main Manabí brand), the Transmarina ultra-frozen tuna unit maintaining -60°C cold chain, the Petfood division producing wet pet food, and Marine Protein processing fishing by-products into hydrolysates. The company operates its own fleet of 21 vessels and a processing plant with 76,800 MT annual capacity. Products include canned tuna loins, tuna belly, mackerel fillets, tuna soup, and wet pet food sold under multiple brands including Manabí, Amares, Poseidon, and Captain Barbatún.

Differentiator

Problem solved

Functional benefit

Brands

• Transmarina: Business unit for ultra-frozen tuna processing and storage at -60°C cold chain
• Marine Protein
• Petfood

Products and services

• Canned and Pouched Tuna (Private Label Manufacturing) B2B contract manufacturing of canned and pouched tuna for international private-label brands, supplied to Europe, North America, Latin America, China, Russia, and South Korea. Primary revenue driver, accounting for approximately 95% of production.
• Manabí Brand Canned Tuna and Seafood National Ecuadorian brand offering canned tuna, tuna belly, mackerel fillets, and encebollado (tuna soup) sold through Ecuadorian retail channels in various presentations (oil, brine, with lemon, with chili).
• Atún Manabí Easy Peel (Súper Abre Fácil) Canned tuna with proprietary Easy Peel (Súper Abre Fácil) easy-open lid technology, allowing any consumer including children and elderly to easily open the can.
• Transmarina Ultra-Frozen Tuna Ultra-frozen tuna processed and stored at -60°C from capture to dispatch. Only company in South America maintaining this cold chain. Processes 5,000 MT of tuna and other species per year with a fleet of 6 longliners and 2 purse seiners.
• Petfood Wet Pet Food Manufacturing Wet cat and dog food manufactured under private label for international pet food brands in Europe, Latin America, and North America. First Ecuadorian company to export wet cat food to the United Kingdom. Also developing an own pet food brand.
• Marine Protein Hydrolysates By-product processing unit that converts fishing industry sub-products into hydrolysates for animal feed and agricultural nutritional solutions, targeting new market niches globally.
• Eurofish Colombia Regional Operations Regional sales office in Bogotá serving Colombian clients directly with private-label manufacturing and Eurofish's company brands (Manabí, Amares, Poseidon, Captain Barbatún) across all market price segments.

Quantifiable outcome

• 70% of raw material sourced from owned fishing fleet of 21 vessels, ensuring supply continuity and quality control
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• ATUNEC (Atuneros Ecuador)coreStrategic or Co-development Partner · 1 January 1995ATUNEC is the association that concentrates the main fleet of vessels catching tuna in the Eastern Pacific Ocean, created in 1995. Eurofish works with ATUNEC for industry representation and fleet coordination in the Ecuadorian tuna sector.
• TUNACONScoreStrategic or Co-development PartnerTUNACONS is a Fishery Improvement Project (FIP) of tuna companies seeking to achieve and implement all appropriate procedures for Marine Stewardship Council (MSC) certification. Eurofish is part of the TUNACONS group that, in association with WWF Ecuador, manages a FIP/PMP for the purse-seine fleet in the EPO seeking MSC certification.
• WWF EcuadorcoreStrategic or Co-development PartnerEurofish, through TUNACONS, partners with WWF Ecuador on Fishery Improvement Projects (FIPs) for both purse-seine and longline tuna fleets, seeking MSC certification and promoting sustainable fishing practices in the Eastern Pacific Ocean.
• FEDEXPOR (Federación Ecuatoriana de Exportadores)coreStrategic or Co-development PartnerFEDEXPOR represents Ecuador's private export sector, encompassing over 215 institutions including sectoral unions, export companies, and service companies. It is the only trade association in Ecuador with national reach (offices in Quito, Guayaquil, Cuenca, and Manta). Eurofish uses FEDEXPOR for industry representation and export promotion.
• CEIPA (Cámara Ecuatoriana de Industriales y Procesadores de Atún)coreStrategic or Co-development PartnerCEIPA is the representative body of the tuna processing industry in Ecuador, working to improve conditions for companies in the sector and maintain unity among members. Eurofish participates as an active member.
• Cámara Nacional de Pesquería (National Chamber of Fisheries)coreStrategic or Co-development PartnerThe main fishing industry union in Ecuador, representing the majority of the Ecuadorian tuna fleet and industries producing fresh, frozen, canned fish, and fishmeal. Eurofish participates in lobbying and advocacy activities before government authorities.
• Cámara de Comercio de Manta (Manta Chamber of Commerce)minorStrategic or Co-development PartnerIntegration of Manta merchants defending their legitimate interests, offering services, and consensuating community macro projects. Eurofish participates as a major employer in the Manta area.
• ISSF (International Seafood Sustainability Foundation)coreStrategic or Co-development PartnerEurofish is committed to ISSF and implements its recommended practices including anti-finning policies, total tuna retention, non-entangling FADs, and best practices for sharks, sea turtles, and seabirds. The company publishes ISSF PVR (Pro Vessel Register) policies for each fleet vessel.
• United Nations Global Compact – Red EcuadorcoreStrategic or Co-development PartnerEurofish adheres to the 10 principles of the UN Global Compact and contributes to 5 of the 17 Sustainable Development Goals (SDGs): Gender Equality, Decent Work and Economic Growth, Industry Innovation and Infrastructure, Responsible Production and Consumption, and Life of Terrestrial Ecosystems.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Century Pacific Food: Philippine-based seafood and canned goods producer with significant tuna operations (incl. private-label). Comparable to Eurofish on canned tuna B2B scale, Asian cost-base competition, and private-label export orientation.
• Nippon Suisan (Nissui): Japanese seafood conglomerate with global tuna sourcing and processing operations. Comparable to Eurofish on ultra-frozen tuna/sashimi-grade capability and international B2B distribution.
• StarKist: Iconic US canned tuna brand with both branded and private-label operations. Comparable to Eurofish on canned/pouched tuna product format and food-safety certifications for major retail.
• Thai Union Group: Thai Union is the world's largest canned tuna processor (Chicken of the Sea, John West, SEALECT brands) with vertically integrated fishing and processing across multiple oceans. Directly comparable to Eurofish on tuna private-label manufacturing, scale, and international B2B distribution, though materially larger.
• Bumble Bee Seafoods: Major North American canned tuna/seafood brand with private-label capabilities. Comparable to Eurofish on tuna product format and B2B retail supply, though focused primarily on the US market.

Direct peers

• Grupo Calvo: Spanish-headquartered tuna canner with significant operations in Ecuador and own fishing fleet. Closely comparable to Eurofish in geography, vertical integration, and private-label canned tuna for European retailers, with the NuCo brand in Ecuador.
• Conservas Garavilla: Spanish tuna canner (Isabel brand) with own fishing operations supplying private-label and branded canned tuna across Europe. Closely comparable to Eurofish on product mix, vertical integration, and European export focus.
• Trans-Ocean Group: Mid-sized US-based seafood processor specializing in surimi and frozen seafood for private-label. Comparable to Eurofish on B2B private-label seafood manufacturing for major retail customers.

Emerging players

• Yantai Sanko Fish Products: Chinese tuna canner rapidly scaling private-label production for global retailers. Comparable to Eurofish as a directly competitive private-label canned tuna manufacturer targeting US and European markets.

Regional players

• Atunera Loa Hermanos: Chilean tuna processor with own fishing operations and canned tuna products (Atún Loa brand). Comparable regional LatAm tuna processing peer to Eurofish though focused on Chilean and Latin American markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Eurofish-SA
• LinkedInlinkedin.com/company/eurofish-s-a

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurofish