Seatek In John Koch Takeover – Fishupdate.com

Seatek In John Koch Takeover European Fish Trader Published:  21 July, 2003

SEATEK(UK) Ltd,part of the British Seafood Group,has acquired the business of John Koch Ltd who were established in 1920, trading in Billingsgate Fish Market for most of that time. Koch has been headed for the past 20 years or so by Keith Maguire and Brian Marchant, both of whom remain committed to the business.

Keith Maguire remains as Managing Director and will be working closely with Klaus Nielsen, MD of Seatek (UK).Seatek (UK) and John Koch Ltd will continue to operate under their own trading styles. However it is envisaged that a close working relationship will develop immediately to ensure sales maximisation, supply and administrative benefits to the overall business. David Hall, Seatek Chief Executive,said:“This is an exciting opportunity for two respected businesses to complement each other during what should be an exceptional period of growth over the next three to five years. This acquisition is also further proof of British Seafood’s commitment to the fish and seafood business within the UK.”