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News

Young’s restructures senior management team

YOUNG’S Seafood has announced a major restructuring of its senior management team following the arrival of new chief executive Simon Smith. Smith, who recently moved across from Grimsby rival seafood […] Continue Reading

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Young’s paid Pinneys staff £7.7 million

YOUNG’S Seafood spent more than £7 million on redundancy payments to the 450 staff who worked at its Pinneys salmon site in Annan, the company’s annual report has revealed. The […] Continue Reading

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Young’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 […] Continue Reading

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Chief executive to stay on at Young’s Seafood

BILL Showalter is to stay on as chief executive of Young’s Seafood, despite stepping down as a director of the company. He has been at the helm of Britain’s largest […] Continue Reading

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Young’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 […] Continue Reading

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Fish inflation hits Young’s profits

THE rising cost of fish – both wild caught and farmed – appears to have hit the profits of Young’s, Britain’s largest seafood company. The Grimsby based business today reported […] Continue Reading

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Grimsby pays tribute to ‘seafood giant’

FRANK Flear, one of the UK’s great seafood pioneers, has died at the age of 84. A larger than life figure, he created and built two major companies, Bluecrest, which […] Continue Reading

News

Russian buyer to reopen Pinneys

THE Scottish salmon plant Pinneys, shut by Young’s Seafood last year, is set to reopen this autumn after being bought by a Russian company. More than 100 jobs are set […] Continue Reading

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Young's reports impressive growth

SOLID sales growth and the capture of important new contracts helped give Young’s Seafood an impressive increase in turnover and gross profits last year. The company reported turnover of £545.9 […] Continue Reading

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We at Fish Farmer Magazine endeavor to ensure that all our reports are fair and accurate and comply with the Editors’ Code of Practice set by the Independent Press Standards Organisation (IPSO). We realise, however, that mistakes happen from time to time. If you think we have made a significant mistake and you wish to discuss this with us, please let us know as soon as possible by any of the three methods: emailing editor@fishfarmermagazine.com; telephoning the editor on 0131 551 1000; writing to the Editor at Fish Farmer Magazine, 496 Ferry Road, Edinburgh, EH5 2DL. We will attempt to resolve your issue in a timeous, reasonable and amicable manner. However, if you are unsatisfied with our response, you can contact IPSO, which will investigate the matter. You can either telephone IPSO on 0300 123 2220 or email inquiries@ipso.co.uk. IPSO is an independent body which deals with complaints from the public about the editorial content of newspapers and magazines. We will abide by the decision of IPSO.

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