Young’s Seafood owner moves into Europe
THE owner of Young’s Seafood is poised to make a significant move into the European market. The Eight Fifty Food Group, the leading multi-protein food group controlled by the private […] Continue Reading
Young’s modernises pack designs
YOUNG’S Seafood has begun a major overhaul of its pack designs for the first time in many years in order to attract a younger and more socially aware section of society. […] Continue Reading
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 […] Continue Reading
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
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