Owner of Saucy Fish Co put up for sale

Tue, 25 Apr 2017 | BUSINESS SALE

Seachill, the Grimsby-based food firm which owns the popular fish brand Saucy Fish Co, has been put up for sale by its owner Icelandic Group.

Established in 1998, Seachill is one of the largest chilled fish processors in the UK and is a major supplier to Tesco.

The firm, which operates the Russell Fish Processing and Smoking Factory out of Grimsby Docks, posted revenues of £266 million in 2016 and employs 750 people.

Seachill’s best-known brand is the Saucy Fish Co, which sells a range of brightly-packaged fish products at shops including Budgens, Waitrose and Sainsbury’s.

Icelandic Group said the Saucy Fish brand had “revolutionised consumer perceptions of fish in the UK” and has a “fast-growing” global reputation.

In a statement Icelandic Group, which acquired 80 per cent of Seachill for £36 million in 2004, said the company was in excellent shape and was well-positioned for a sale.

"This sale announcement is no surprise and is a very positive next step for Seachill, its employees and partner customers who place a high value on the business management and strategy," said Simon Smith, chief executive of Icelandic Seachill.

Bank of Iceland and UK-based Oghma Partners have been appointed to manage the sale of Seachill.

Find food businesses for sale.


Share this article



Latest Businesses for Sale

Fintech Company: Comparison of Trading Platforms for Traders
UK Wide

Extensively developed platform, generating a consistent stream of revenue from affiliate agreement commissions and contracted advertising packages. The company compares trading platforms operating in forex, stocks, crypto and commodities. Fully reloc...

Asking Price: Offers Invited
Turnover: £666,305

RELOCATABLE


Electrical Product Specialists
Hampshire, UK Wide

A great opportunity to take on a respectable electrical control panel manufacturer in Hampshire is now available to the market. High end technology. Registered ECA member. Commercial client base. Skilled team of staff. Excellent reputation. Offers in...

Asking Price: £900,000
Turnover: £578,207

LEASEHOLD


Coach Transport, Services, MOT & Repair (Fast Sale)
London, UK

Offers required by August 26th, 2020 - 6:00pm. Established in 1971, this North London based coach company operates a fleet of 14 executive/luxury coaches (7 of which are unencumbered) with seating for up to 70 passengers, and 1 wheelchair accessible...

Asking Price: Offers Invited
Turnover: £1,100,000


View more businesses for sale

News Search

Latest News

 
07
 
Aug
 

Wrexham-based wire firm falls into administration | ADMINISTRATION

Wire manufacturer Wrexham Wire has fallen into administratio...

 
06
 
Aug
 

Leading UK tour operator Ski Weekends enters administration | ADMINISTRATION

One of the UK’s leading ski tour operators Harris Holi...

 
05
 
Aug
 

Pizza Express puts itself up for sale and looks to close 67 outlets | BUSINESS SALE

Pizza Express has announced that it is seeking a buyer for i...

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