Young\’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.…

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Young\’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.…

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Bakkafrost buys Scottish Salmon Company

THE Faroese salmon farmer Bakkafrost has bought a majority share in the Scottish Salmon Company (SSC), it was announced this afternoon. Bakkafrost acquired 68.6 per cent of SSC from Northern Link, ending much speculation in the industry after the company was put up for sale in July. Listed on the Olso Stock Exchange seafood index,…

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