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
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
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
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
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
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
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
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
Young's to axe 50 jobs at Edinburgh site
YOUNG’S Seafood looks set to cut more jobs in Scotland. The company has confirmed that it is looking to reduce the number of staff at its Macrae plant at Livingston, […] Continue Reading