Dawnfresh Seafoods sells frozen scampi business

Fri, 15 Jan 2016 | BUSINESS SALE

Britain's biggest producer of trout and one of Scotland's largest seafood companies has sold its frozen scampi business.

Dawnfresh Seafoods has sold the entire frozen scampi division of its business to Whitby Seafood Ltd, a competitor based in England.

Reports from the Scottish Herald confirmed that the sale has taken place, although no details of the value of the division sale have been revealed.

Dawnfresh's billionaire owner Alastair Salveson told the paper: “I would like to thank all of our longstanding customers and suppliers for their support over many years and I wish the Whittle family and their team at Whitby continuing success in the future.”

His business showed a turnover of over £54 million last year, although the previous financial year saw an operating loss of £3.86 million.

The company operates from Uddington out of a state of the art seafood factory, which it moved into in 1991 as business expanded. The business initially focused almost exclusively on scampi back in the 1980s but went on to expand into new fish markets including whiting and herring, before shifting its focus to trout.


View more businesses for sale in Scotland.


Share this article



Latest Businesses for Sale

Wood Burning Stoves Retailer
North Yorkshire, Yorkshire and the Humber, UK

Lifestyle wood burning stoves retailer, iInstaller and wholesaler: Includes stones and reclaim / salvage business. This is a well established family business within the fashionable and lifestyle choice sector of wood-burning stoves. These stoves are...

Asking Price: £165,000
Turnover: £746,000

LEASEHOLD


Fireplace Surround Business
West Midlands, UK

Renowned and respected business, favoured by customers for its unique product offering and its excellent service. Established in 1990, the business has overcome several recessions, continually growing its reputation, workload and customer base. The c...

Asking Price: £750,000
Turnover: £750,000

LEASEHOLD


Garden Machinery Lawnmowers Tool Hire Business
North Wales, Wales, UK

Garden machinery, tool hire, lawnmower sales and repair business, ideally situated within a popular residential area in North Wales. The business is split over two sites, one is a retail unit with workshop, close to the town centre, whilst the larger...

Asking Price: £225,000
Turnover: £310,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
17
 
Nov
 

Warm Zones enters administration | ADMINISTRATION

A North Shields-based non-profit business dedicated to helpi...

 
15
 
Nov
 

Berketex Bride enters administration | ADMINISTRATION

With over 50 years in selling wedding dresses, Berketex Brid...

 
13
 
Nov
 

Intermet Refractories completes MBO deal | MBO/MBI

Intermet Refractories, a metal casting component manufacture...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources