Category Archives: Processing News

‘Big potential’ in seafood deal

‘Big potential’ in seafood deal

IN one of the biggest deals of its type for many years, seafood company Seafood Connection has acquired the frozen food operation of Netherlands based Anova Seafood. Seafood Connection is the European business of the world’s largest seafood company by sales in both farmed and wild caught fish, and a leading supplier through retail andContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Markets, Processing, Processing News
Marel to beef up UK base

Marel to beef up UK base

MAREL, the Icelandic processing equipment supplier, is upgrading its UK operations to strengthen its brand in the country and offer its workforce a more modern environment. And it is also looking to London for a possible Stock Market listing. The Icelandic company employs almost 200 people in the UK and Ireland and its plans includeContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Processing, Processing News
Seafish launches processing probe

Seafish launches processing probe

SEAFISH has launched a deep look at the UK’s seafood processing sector, with a programme of financial, employment and sector research. The probe has kicked off with a processing census, which is carried out every two years to collect information on the size, structure, and recent changes in the sector. Data collection has already startedContinue Reading

Filed Under: Aquaculture, Catching, Front Page News, Markets, Processing, Processing News
Five Star Fish site for sale at £3.75m

Five Star Fish site for sale at £3.75m

THE 2 Sisters Food Group has put its Five Star Fish Factory in Grimsby on the market – with an asking prices of £3.75 million. The 9,200 square metre site was a major producer of coated fish for Marks & Spencer until April this year, when the parent company decided it should close with theContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Processing, Processing News
Young’s deal close – reports

Young’s deal close – reports

THE private equity firm CapVest appears to be closing in on a deal which will reunite it with Grimsby-based Young’s Seafood, according to weekend financial reports. The Mail On Sunday said that talks were at an advanced stage and CapVest was prepared to pay up to £200 million for the UK’s largest seafood producer. TheContinue Reading

Fish Update Briefing, Friday, October 12

Fish Update Briefing, Friday, October 12

LEROY PREDICTS LOWER Q3 HARVEST LERØY Seafood Group has forecast lower harvest volumes for the third quarter of this year. In its latest trading update, the Norwegian fishing and aquaculture company says it expects harvest volumes for salmon and trout to be 37,22 tonnes for the period between July and September, compared with 46,024 tonnesContinue Reading

FishUpdate Briefing Friday October 5th

FishUpdate Briefing Friday October 5th

WATCHING FISH MAY “CALM NERVES” CAN a cod keep you calm? Scientists at The  Deep  in Hull are trying to prove if watching fish, turtles and sharks is beneficial for our health. Experts from York and Exeter universities have been  carrying out the experiment on visitors to the giant aquarium. Volunteers wear headsets, which trackContinue Reading

Norwegian salmon exports stall

Norwegian salmon exports stall

EXPORTS of Norwegian salmon stalled slightly last month, but for the year so far they are still well up in both volume and value. Sales during September totalled 88,200 tonnes and were worth NOK 5.7 billion, down eight per cent in volume terms but with the value at the same level as September 2017. TheContinue Reading

Iceland Seafood’s sales and profits soar

Iceland Seafood’s sales and profits soar

THE international fish trading company Iceland Seafood International (ISI) has reported a significant rise in its 2018 half year sales and profits. As part of its growth strategy, ISI has agreed two strategic purchases already this year, the Spanish acquisition Solo Seafood/Icelandic Iberica in August (which was finalised this month) and the Irish fish tradingContinue Reading

FishUpdate Briefing Friday September 28th

FishUpdate Briefing Friday September 28th

CANNABIS’ LOBSTER  TAKEN OFF MENU A US restaurant which found itself in the world spotlight last week over its practice of sedating its lobsters with marijuana to dull the pain of being boiled alive has now suspended the practice following official intervention. The authorities  in Maine have said they are investigating Charlotte’s Legendary Lobster PoundContinue Reading