Young's Seafood - food industry company news 
NORDIC: Nestle, Orkla "in talks to buy Findus unit"
7 February 2012
Nestle and Norwegian consumer goods group Orkla are reportedly among the companies interested in buying Findus Group's Nordic unit.
Quote, unquote: just-food's week in words
6 January 2012
An eventful first week of 2012 saw Baxters Food Group's chief executive handed a drink-driving ban, German retailers criticised over banana workers' rights and Nestle move its UK head office.
Editor's choice: the highlights on just-food this week
6 January 2012
just-food's first week back after the Christmas and New Year break included PepsiCo brushing off a US report of plans to cut 4,000 jobs, UK seafood firm Young's Seafood shedding over 500 posts and Arla Foods pledging to expand in Scotland - but saying the move could still affect employees. In the week between Christmas and New Year, we saw China's food sector rocked by its latest safety scandal, with news that dairy group Mengniu Dairy produced milk containing a carcinogen. Click on the headlines for more.
UK: Findus asks for debt delay
4 January 2012
Findus Group has asked its lenders to delay an assessment of its debts as it looks to integrate its acquisition of UK firm Cumbrian Seafoods.
UK: Young's to cut 555 jobs at Cumbrian
3 January 2012
Young's Seafood today (3 January) announced that a total of 555 jobs could go at recently-acquired rival UK firm Cumbrian Seafoods.
UK: 70 jobs go at Cromer Crab Company
15 December 2011
UK seafood firm Young's Seafood has announced it is shedding 70 jobs at its subsidiary The Cromer Crab Company.
Quote, unquote: just-food's week in words
12 December 2011
India hit the industry headlines again this week after the country's government decided to suspend its plans to allow more foreign investment into the local retail sector. Meanwhile, here in the UK, Premier Foods plc, the country's largest food maker, continued its restructuring with the sale of its Brookes Avana division, while Kraft Foods announced plans to revamp its UK manufacturing network leading to a loss of 200 jobs at its Cadbury arm.
UK: Young's owners buy troubled seafood firm Cumbrian
6 December 2011
Private-equity firm Lion Capital, the owners of Young's Seafood, has acquired collapsed UK company Cumbrian Seafood.
UK: Outcry leads Young's to review Cromer closure plan
1 November 2011
Young's Seafood may keep the Cromer Crab Company site in Norfolk open following a public outcry over plans to close the facility.
UK: Lion Capital looks to sell Nordic Findus unit
17 October 2011
Private-equity firm Lion Capital is in talks to sell the Nordic operations of frozen-food maker Findus Group.
UK: Young's Seafood launches frozen fish fillets range
4 October 2011
UK seafood processor Young's Seafood has extended its frozen fish line with the launch of its Easy Cook range.
Quote, unquote: just-food's week in words
3 October 2011
Away from the World Retail Congress, Mars Inc made its first move into Fairtrade, spice maker McCormick & Co. said it would increase prices to offset commodity costs and the sale of ailing Irish retailer Superquinn was cleared. Click on the links for more.
Editor's choice: the highlights on just-food this week
3 October 2011
The annual World Retail Congress dominated the headlines on just-food this week as we reported from the event in Berlin. Elsewhere, Swiss baker Aryzta snapped up UK naan and tortilla maker Honeytop Speciality Foods, Mars made its first move into Fairtrade and Nestle named a Wal-Mart Stores executive as its new CFO.
UK: Young's Seafood to close Cromer Crab unit
28 September 2011
Young's Seafood plans to close subsidiary The Cromer Crab Company, putting 230 jobs at risk.
UK: Jamie Oliver launches "sustainable" seafood range
17 August 2011
Young's Seafood has teamed up with Jamie Oliver to launch a range of "sustainable" frozen products.
UK: Seafish wins appeal to levy imported fish
15 June 2011
UK seafood authority Seafish has won an appeal allowing it to impose a levy on imported fish products.
UK: Intersnack's UK arm appoints Robinson MD
13 June 2011
The UK arm of snacks firm Intersnack has confirmed the appointment of former Northern Foods executive Richard Robinson as managing director.
UK: Young's Seafood constructs merchandising suite
17 May 2011
Young's Seafood has constructed a merchandising suite at its Fish and Seafood Centre of Excellence in Grimsby.
UK: Consumers want fish from sustainable sources - WWF
13 April 2011
Most people in the UK want fish that comes from sustainable, not overfished sources, according to research commissioned by the World Wildlife Fund (WWF).
UK: Retailers must "accept premiumisation" of frozen foods - BFFF
15 March 2011
Retailers must "accept the premiumisation" of the freezer aisle to foster the continued development of the frozen category, British Frozen Food Federation director general Brian Young has suggested.
UK: Findus job losses "fewer than expected"
22 February 2011
Findus Group has said job losses at its Young's Humberstone Road factory in Grimsby are less severe than initially thought after the frozen-food companmy reconfigured product lines and benefited from a rise in sales volumes.
Editor's choice: the highlights on just-food this week
11 February 2011
Commodity costs was a central theme this week and the likes of Kraft Foods and PepsiCo, announcing their annual results, said the pressure, which began in earnest in the second half of 2010, would continue into 2011. Meanwhile, the race for Yoplait heated up, with nine bids coming in for the yoghurt brand. Premier Foods sold off another asset, this time offloading its canned grocery business to Princes. And, on our insight pages, we took a look at the UK convenience retail channel, the debate over eco-labelling and spoke to French dairy business Candia about operating in north Africa and the Middle East.
Quote, unquote: just-food's week in words
11 February 2011
The focus returned to rising commodity costs again this week, as Flowers Foods, Kraft Foods and PepsiCo admitting that input pressure had impacted their results - and their financial forecasts for 2011. Meanwhile, Raisio's CEO told just-food about the company focus on developing its 'ecological snacking' business and the UK government revealed a report on the difficulties around green labelling. Here's the best of what was said this week:
UK: Findus restructures UK seafood business
8 February 2011
Young's Seafood, The Seafood Co and Findus UK are to be brought together to create Young's Seafood Limited, the UK's largest supplier of fish and seafood.
Promo Tracker: Grocers again lower level of promotions
8 February 2011
Tesco, Asda, Sainsbury's and Ocado lowered the number of products they sell on promotion in January, according to the latest data from just-food's Promo Tracker.
UK: Young's uses Kingsmill coating in breaded fish range
7 February 2011
UK fish processor Young's Seafood announced today (7 February) that it has begun using Kingsmill bread for the coating on its namesake breaded fish range.
UK: Contract losses could hit jobs at Findus Group
21 January 2011
The end of some manufacturing contracts next month looks set to hit jobs at Findus Group's UK operations, the frozen food group has said.
UK: Ex-Findus boss takes up Gu MD role
21 December 2010
Mark Escolme has joined UK premium desserts manufacturer Gu as MD, just two months after leaving frozen-food firm Findus Group for "personal reasons".
UK: Lenders grant Findus more room on debts
17 December 2010
Findus has a struck a deal with its lenders that will give the frozen-food group more breathing space as it battles volatile commodity costs and fluctuating currencies.
US: Lion Capital pays US$980m for seafood firm Bumble Bee Foods
16 December 2010
US seafood firm Bumble Bee Foods has been sold for US$980m, it has been revealed, after its owner said yesterday (15 December) that the deal, first announced last month, had been completed.
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