Young’s Bluecrest Seafood (YBS) has successfully acquired the Gosforth (Newcastle) based chilled seafood operation of the Albert Fisher Group.
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The move accelerates Young’s strategy for growth and gives it leadership of the UK chilled seafood market.
Wynne Griffiths, CEO of YBS, said: “We are absolutely delighted to have succeeded in acquiring Gosforth, which will prove a valuable asset in our drive to develop the UK seafood market.
“It gives us new product opportunities, allows us to build on existing customer relationships and gives us leadership in an expanding sector of the market.”
The Gosforth site will become part of the Chilled Division of Young’s Bluecrest Seafood under chilled MD, Peter Ward, who added: “The UK market for chilled seafood is in clear growth at the moment and we are eager to develop the many synergies and new opportunities that the acquisition provides for our business.”
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