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Cumbrian Seafoods went into administration earlier today (5 December 2011).
Lion Capital has since acquired the customer contracts and equipment from the administrators of Cumbrian Seafoods. Future options, which could involve integration and servicing of customer contracts by Young's Seafood Limited, Lion Capital's existing UK fish and seafood business, will be explored over the coming weeks.
Leendert den Hollander, Chief Executive of Young’s Seafood Limited, said: “This is the beginning of a process and the teams involved will work hard to understand the business and consider in detail how best to take the customer contracts forward. Our focus is on customers - on fulfilling their contracts - and consulting with new employees on possible options for the future.”
Should people be 'stimulated' to eat white fish alternatives to cod?
