Food group nets fish business in £80m deal
Hilton Food Group has bought chilled fish business Icelandic Group UK for £80.8m.
The Grimsby-based business, which trades as Seachill, had been put up for sale in the spring by its Reykjavik-based owners, Icelandic.
Seachill generates annual sales of around £270m, with around 80% coming from supplying Tesco. It focuses on the three largest fish species in the UK and its The Saucy Fish Co. brand, is the largest chilled wet fish brand in the UK.
Simon Smith will continue to lead the Seachill business as a division within Hil... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
