Posts Tagged ‘CapVest’
Young\’s Seafood owner moves into Europe
THE owner of Young’s Seafood is poised to make a significant move into the European market. The Eight Fifty Food Group, the leading multi-protein food group controlled by the private equity firm CapVest Partners LLP announced the acquisition of Hamburg based AliSa International GmbH, trading as Greenland Seafood for an undisclosed figure. Greenland Seafood is…
Read MoreYoung\’s Seafood owner moves into Europe
THE owner of Young’s Seafood is poised to make a significant move into the European market. The Eight Fifty Food Group, the leading multi-protein food group controlled by the private equity firm CapVest Partners LLP announced the acquisition of Hamburg based AliSa International GmbH, trading as Greenland Seafood for an undisclosed figure. Greenland Seafood is…
Read MoreYoung\’s owner ‘struggling to attract takeover finance’
THE banks are finding it tough going trying to find support for a £305 million leveraged loan used to finance CapVest’s purchase of Young’s Seafood last summer, according to reports from the City of London. The private equity firm was re-united with Britain’s largest seafood producer in July after a gap of nearly 11 years.…
Read MoreYoung\’s owner ‘struggling to attract takeover finance’
THE banks are finding it tough going trying to find support for a £305 million leveraged loan used to finance CapVest’s purchase of Young’s Seafood last summer, according to reports from the City of London. The private equity firm was re-united with Britain’s largest seafood producer in July after a gap of nearly 11 years.…
Read MoreYoung\’s profits and turnover rise
YOUNG\’S Seafood appears to be on a bounce, announcing higher turnover and profits for its latest financial year. Sales increased by 4.3 per cent to £545.9 million while EBITDA shot up by 16 per cent to £23 million and the operating profit rose from £8.4 million to £11.5 million. The company has been successful in…
Read MoreYoung\’s profits and turnover rise
YOUNG\’S Seafood appears to be on a bounce, announcing higher turnover and profits for its latest financial year. Sales increased by 4.3 per cent to £545.9 million while EBITDA shot up by 16 per cent to £23 million and the operating profit rose from £8.4 million to £11.5 million. The company has been successful in…
Read MoreYoung\’s Seafood sold in major deal
YOUNG’S Seafood has changed hands in a multi-million pound deal, it was announced today. Britain’s largest seafood business has been bought by CapVest, its former private equity owner, and will now become part of a multi-protein food group involving Karro, a leading UK pork processor. CapVest Partners said the new group has significant potential for…
Read MoreYoung\’s Seafood sold in major deal
YOUNG’S Seafood has changed hands in a multi-million pound deal, it was announced today. Britain’s largest seafood business has been bought by CapVest, its former private equity owner, and will now become part of a multi-protein food group involving Karro, a leading UK pork processor. CapVest Partners said the new group has significant potential for…
Read MoreYoung'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. The…
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