The Banchio Group originated in 1968, when it started trading under the name of Morban, S.A. buying and selling the catches made by trawlers fishing off the West African coast and unloading in Las Palmas.

Since it was founded, The Banchio Group has become one of the leading importers and marketers of raw materials in Europe, from the Mediterranean to Scandinavia. The Group's main business is focussed on using its international purchasing network to bring raw materials and processed products to its portfolio of European clientes from the 5 oceans of the world. Al hough it started out trading mainly in Cephalopods (octopus, cuttlefish and squid), the Banchio Group now has a strong presence in the areas of Shellfish (king prawns and shrimps), Tuna species (Sword Fish, Tuna, Blue Shark, Mako Shark) and several Hake species (Hake and Kingclip), etc.

From the head offices in Las Palmas, and with the support of the network of local offices, the Banchio Group markets all its merchandise to Europe, Asia, Africa and North America.

Right from the beginning, Pesban, S.A. has been the company responsible for marketing the raw materials (mainly cephalopods and shellfish) from West Africa and Asia in their destination markets.