Corporacion Economica Damm S.A. has presented a €250 million acquisition bid for Pescanova SA together with the Luxempart family, as well as Kohlberg Kravis Roberts & Co. L.P. (NYSE:KKR) and Ergon Capital Partners. The offer is destined to ensure the medium and long-term future of Pescanova, daily Cinco Dias quoted sources from Damm as saying on December 9, 2013.

Although other foreign investment funds might have also been in contact with Pescanova's insolvency administrator, Lazard (NYSE:LAZ), the bid of Damm will surely be the winning one, the sources said.