Category Archives: 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

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Processing, Processing News
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

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Markets, Processing, Processing News
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

Filed Under: Aquaculture, Aquaculture News, Catching, Catching News, Fish Farmer magazine, Front Page News, Processing, Processing News
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

Edinburgh Salmon Co faces closure threat

Edinburgh Salmon Co faces closure threat

A MAJOR question mark hangs  over the future of the Edinburgh Salmon Company (also known as ESCo) and with it the jobs of around  250 people after its parent owners announced  that it was considering a sale or the possible closure of the business. A press release from its owner Europeenne de la Mer, aContinue Reading

Negative image affecting seafood recruitment – survey

Negative image affecting seafood recruitment – survey

THE negative perception of working in the seafood processing industry is one of the main barriers to recruiting enough British  staff, company chiefs have said. Their comments are contained in the latest  comprehensive Seafish quarterly update on the labour situation, first launched late last year in the light of Brexit. The result is that, for aContinue Reading

Seachill drives up meat group’s sales and profits

Seachill drives up meat group’s sales and profits

SEACHILL has helped to drive up the sales and profits of its new owner Hilton Foods, the half year results for 2018 have confirmed. The meat group Hilton, which has a global reach, paid £80-million for the Grimsby based seafood processor and owner of the successful Saucy Fish brand, in November last year. It hasContinue Reading