Loch Fyne chain sold to Hong Kong

THE Greene King pub and brewing company, which owns the Loch Fyne seafood restaurant chain, has been sold to a Hong Kong based conglomerate in a deal worth a total of £4.6 billion. CK Asset Holdings, founded by Hong Kong\’s richest man, Li Ka-shing, will pay £2.7 billion for the 220-year-old business and take on its…

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Boston bound firms seek new business

SCOTTISH seafood companies will be looking for new business in North America this week as they head to the annual Boston seafood exhibition. With Brexit on the horizon, the US provides opportunities for firms to expand within an existing market. Among the Scottish exhibitors are Loch Fyne Oysters, the Scottish Salmon Company, Dawnfresh, Wester Ross…

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Fish Update Briefing, Friday, May 11

WILD QUEENSLAND PRAWNS LISTED AS ENDANGERED                                                                                          THE Australian Marine Conservation Society has listed wild caught Queensland prawns and scallops as an endangered species and is urging the public not to buy them. The society has given these and other shellfish a red unsustainable rating in its latest seafood guide. Scallop stocks are said to have dropped dramatically. Tooni…

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Aquaculture stars in awards shortlist

THE high achievers of Scottish fish and shellfish farming have been named in the shortlist for the 2018 Scottish Marine Aquaculture Awards. Some 38 companies, individuals and initiatives have made the shortlist for the awards, run for the first time by Aquaculture UK. The organisers have been overwhelmed by both the number of entries and…

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Scottish presence at Boston show

SCOTTISH seafood companies head to the Boston expo this weekend to try to increase their overseas market share. The seven firms attending Seafood Expo North America, from March 11-13, include Dawnfresh, Wester Ross Salmon, the Scottish Salmon Company, Loch Fyne and Scottish Seas – a collective of Scottish fishermen catching for the US market. Chef, author…

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Key fish businesses looking for buyers

TWO key fish businesses could soon be on the market, according to weekend reports. The brewing giant Greene King is said to be ready to cast off the Loch Fyne seafood restaurant chain. Meanwhile, poultry tycoon Ranjit Boparan is considering putting its Irish fish business, Donegal Catch, on the market in a bid to raise £50…

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