Kefalonia Fisheries

What Kefalonia Fisheries does

Kefalonia Fisheries S.A. is a Greek aquaculture company founded in 1981 by Marinos Geroulanos, headquartered in Lixouri on the island of Kefalonia, and operating as a subsidiary of the Spanish seafood conglomerate Grupo Profand since 2021. It is the first Greek company to commercially farm European sea bass (Dicentrarchus labrax) and gilthead sea bream (Sparus aurata), and operates the full production chain including a hatchery (1.2 million fry capacity), sea-pen grow-out across multiple Ionian Sea sites (Red Rock, Livadi, Agios Spyridonas), processing/packaging, and B2B distribution.

The company's core technology combines traditional Mediterranean aquaculture methods with environmental monitoring infrastructure, including digital underwater cameras, accredited laboratory water sampling, fallowing with cage rotation, and participation in EU research projects such as IMTA (multitrophic aquaculture), MANFISH (intelligent fish pathology systems), APOXI (autonomous ROV with computer vision for anomaly detection), ValueSEABASS (value-added packaging), and ROBUST. Production includes conventional and organic formats under Naturland and EU Organic certifications, with licensed production capacity reaching 1,260 tonnes of market-size fish.

Revenue is generated through wholesale and direct B2B sales to three primary channels — HORECA (restaurants, hotels, sushi chefs across Europe and globally), European retail/supermarket chains (fresh and frozen, 300g-3kg+ portions), and wholesale distributors — across Europe including Greece, Italy, and Spain. Products carry the most comprehensive aquaculture certification stack in the Mediterranean (ASC, Global G.A.P., EU Organic, Naturland, Friend of the Sea, IFS Food, BRC) and have received Superior Taste Awards (three golden stars) from the International Taste Institute for both species. No public pricing or revenue figures are disclosed.

Name

Kefalonia Fisheries

Legal name

KEFALONIA FISHERIES S.A.

Website

https://kefish.gr

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Kefalonia Fisheries is a Greek Mediterranean aquaculture company founded in 1981, farming premium organic European sea bass and sea bream in sea pens in the Ionian Sea and supplying certified fresh and frozen seafood to HORECA, retail, and wholesale buyers across Europe.

Ownership category

akta.pro rank

Product category

Aquaculture Seafood

NAICS

Finfish Farming and Fish Hatcheries (112511), Seafood Product Preparation and Packaging (311710), Aquaculture (11251)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Finfish Farming (e.g., salmon, tilapia, catfish) (AFAEAAAA)

akta.pro secondary industries

Seaweed & Algae Aquaculture (incl. microalgae) (AFAEAAAE), Aquaculture Health, Biosecurity & Veterinary Services (AFAEAAAK)

Keywords

• Mediterranean aquaculture
• Sea bass farming
• Sea bream farming
• Organic seafood production
• Farmed fish supply

Headquarters

HQ city

Lixoúri

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Wholesale Seafood Sales: Primary revenue stream from selling premium organic and conventional sea bass and sea bream to wholesalers, retailers, and food service operators. Products sold fresh (on ice) or frozen, in various forms including whole fish, gutted, and filleted. Fish reach market size after 16-60 months cultivation.
2. Value-Added Processed Products: Lightly processed seafood products with extended shelf life, including marinated sea bass and low-oxygen/vacuum packaging under the ValueSeabass research project, creating new product categories and market opportunities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Kefalonia Fisheries is a Greek aquaculture company that farms European sea bass (Dicentrarchus labrax) and gilthead sea bream (Sparus aurata) in sea pens in the Ionian Sea off Kefalonia island. The company operates the full production chain from hatchery (juvenile production) through grow-out farming to packaging and trading, supplying fresh and frozen whole, gutted, and filleted fish to wholesale, retail supermarkets, and the HORECA foodservice sector across Europe and global markets.

Product overview

Kefalonia Fisheries is a premium seafood aquaculture company producing organic sea bass (Dicentrarchus labrax) and sea bream (Sparus aurata) from their farms in the crystal clear waters of the Ionian Sea surrounding Kefalonia island, Greece. Founded in 1981 as the first sea bass and sea bream farm in Greece, the company operates across the full production chain including juvenile production (hatchery), fish farming in sea pens, and packaging/trading of fish products. Their product portfolio consists of two core species—Sea Bass and Sea Bream—each available in multiple size grades (300g to 3kg+), in fresh (whole, gutted & scaled, fillet) and frozen formats. Both products are certified organic (Naturland and EU organic), sustainable (ASC, Global G.A.P., Friend of the Sea), and have received multiple Superior Taste Awards from the International Taste Institute. The company emphasizes traditional methods, sustainability, and the unique terroir of Kefalonia's unpolluted marine environment.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Superior Taste Award score >90% from International Taste Institute with maximum 3 golden stars (2019, 2022)
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Panapesca: Italian aquaculture and seafood company with Greek sourcing partnerships for sea bass and sea bream; competes directly with Kefalonia Fisheries in the Italian and broader Mediterranean HORECA and retail segments.
• Andromeda Group (Aquamar): Greek aquaculture group producing sea bass, sea bream, and other species for European markets; closely comparable to Kefalonia Fisheries in terms of species mix, Greek Mediterranean farming operations, and European B2B distribution model.
• Avramar: Avramar (formed from the merger of Nireus, Selonda, and other Greek aquaculture assets) is the largest Mediterranean sea bass and sea bream producer, making it the closest direct peer to Kefalonia Fisheries in terms of species, geography, and customer base.
• Galaxidi Marine Farm: Greek aquaculture company farming sea bass and sea bream across multiple coastal sites; competes with Kefalonia Fisheries for the same product category, European markets, and sustainability certifications.
• Selonda (Selonda Aquaculture S.A.): Greek aquaculture producer specializing in sea bass and sea bream with comparable farming, hatchery, and pan-European distribution capabilities; operates in the same Ionian/Aegean waters and competes directly with Kefalonia Fisheries for HORECA and retail customers.

Others

• Grupo Profand: Spanish seafood conglomerate and parent company of Kefalonia Fisheries since 2021; comparable because it operates its own aquaculture and seafood processing brands (e.g., Mariscos Linamar, Frinsa) and shares Mediterranean product categories with Kefalonia Fisheries.

Broad incumbents

• Mowi ASA: The world's largest aquaculture company, focused primarily on Atlantic salmon but expanding into Mediterranean species; comparable as a global seafood incumbent whose premium sustainability branding sets the benchmark for premium aquaculture positioning like Kefalonia Fisheries'.
• Pescanova: Spanish seafood major with aquaculture operations including sea bass and sea bream; competes broadly with Kefalonia Fisheries across Iberian and pan-European retail and HORECA channels while operating a much wider seafood portfolio.
• Thai Union Group: Global seafood giant producing farmed and wild-caught products, including sea bass/bream through European subsidiaries; comparable as a large-scale seafood platform targeting retail and HORECA channels with sustainability messaging similar to Kefalonia Fisheries.
• Stolt Sea Farm (Stolt-Nielsen): A subsidiary of Stolt-Nielsen that farms turbot, sole, and sea bass/sea bream; competes with Kefalonia Fisheries in Mediterranean bass/bream but operates at much larger scale across multiple species and geographies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kefalonia-fisheries

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Kefalonia Fisheries