For all the latest industry news, markets and jobs in aquaculture
Japanese industrial giant Mitsubishi is to go into the land-based salmon farming business in its home country. Mitsubishi, which employs 80,000 people worldwide, is already the owner of Cermaq, which […] Continue Reading
THE 450 people who lost their jobs following the closure of Young’s owned Pinneys salmon site at Annan have been forgotten, according to a local member of the Scottish parliament. […] Continue Reading
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 […] Continue Reading
THE Norwegian salmon farming company Cermaq has opened an ultra-modern new salmon processing factory in the Nordland region. The plant, located in the community of Steigen, is said to be […] Continue Reading
THREE businesses are bidding to buy Young’s Seafood, including one of its former owners, weekend reports have suggested. The Sunday Telegraph said yesterday that the £200 million sale of Britain’s […] Continue Reading
YOUNG’S Seafood is continuing to enjoy sales growth, both in the UK and in its new markets in the United States. The company has reported turnover for the second quarter […] Continue Reading
THE private equity company Sun Capital Partners, whose portfolio includes the women’s fashion chain Bonmarche and the UK bed maker Dreams, is reported to be considering a bid for Young’s […] Continue Reading
YOUNG’S Seafood is looking to China and Europe as its next move on the international stage, its CEO has confirmed. As products from the Grimsby and Scottish based business began to make their debut […] Continue Reading
VARD, the specialised shipbuilder with a track record in the oil and gas industry, has won a contract to construct two offshore fish farming platforms for Cermaq. The platforms are […] Continue Reading