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Pescanova Palitos de Mar

ownerABANCA Corporación Bancaria, S.A. (Spain)
originSpain
manufacturedSpain

Pescanova Palitos de Mar is a prominent brand of surimi-based seafood sticks, often marketed as imitation crab meat. The brand is a staple in the Spanish food market and is known for its high-quality processed seafood products that are used in salads, appetizers, and Mediterranean dishes.

Founded in 1960 in Vigo, Spain, Pescanova revolutionized the seafood industry by introducing the first freezer-trawlers, allowing fish to be processed and frozen directly at sea. This innovation helped the company expand into a global powerhouse in the frozen food sector. While the brand originated as a family-led venture, it underwent significant restructuring over the decades due to financial shifts.

Currently, the brand is owned by the Nueva Pescanova Group. The majority ownership of the group is held by ABANCA, a Spanish financial institution that took a leading role in the company's recapitalization. Manufacturing primarily takes place in specialized facilities in Spain, though the company maintains a vast international supply chain with operations in various countries to ensure the freshness of its marine resources.

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