05/09/2001
Young's Bluecrest in possible £150m sale
Young's Bluecrest, the name behind Harry Ramsden's Chip Shop branded battered fish products, may be destined to change hands after a major shareholder confirmed it was reviewing its plans.
The UK's biggest fish products group could be put up for sale in a deal worth up to £150 million as private equity group Legal & General Ventures (LGV), which owns a 79 per cent stake in the company, plans to either sell the business or look for further growth by taking over other fish-related companies.
The Grimsby-based firm, which employs a total of 3,000 people across the UK, including a site at Kilkeel in Northern Ireland, will decide on the future of its stake inside the next month.
Analysts believe LGV has done well from its investment so far, with share values rising from 100p at the time of the merger to up to 900p.
Though a sale of the company to a UK buyer is believed to be unlikely, there is speculation that there could be interest from a multi-national fish specialist. (MB)
The UK's biggest fish products group could be put up for sale in a deal worth up to £150 million as private equity group Legal & General Ventures (LGV), which owns a 79 per cent stake in the company, plans to either sell the business or look for further growth by taking over other fish-related companies.
The Grimsby-based firm, which employs a total of 3,000 people across the UK, including a site at Kilkeel in Northern Ireland, will decide on the future of its stake inside the next month.
Analysts believe LGV has done well from its investment so far, with share values rising from 100p at the time of the merger to up to 900p.
Though a sale of the company to a UK buyer is believed to be unlikely, there is speculation that there could be interest from a multi-national fish specialist. (MB)
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12 March 2013
Elmore Fish Develop Easy To Cook Dishes
Elmore Fish in Dunmurry has been assisted by Invest Northern Ireland to develop an innovative range of easy to cook fish dishes.
Elmore Fish Develop Easy To Cook Dishes
Elmore Fish in Dunmurry has been assisted by Invest Northern Ireland to develop an innovative range of easy to cook fish dishes.
24 January 2019
Newry Digital Marketing Agency Announces North America Expansion Plans
A digital marketing agency in Newry has announced its plans to expand sales in North America. Fat Fish will create six new roles in 2019, which will contribute £189,000 to the local economy in additional salaries. These roles will support the firm's development plans.
Newry Digital Marketing Agency Announces North America Expansion Plans
A digital marketing agency in Newry has announced its plans to expand sales in North America. Fat Fish will create six new roles in 2019, which will contribute £189,000 to the local economy in additional salaries. These roles will support the firm's development plans.
11 April 2002
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
HMV to float on London Stock Exchange
EMI has revealed it is to float leading music retailer HMV on the London Stock Exchange by June. The company made the decision following months of speculation after it launched a radical reorganisation in the face of poor financial results.
16 January 2017
Web Host Firm Announces Expansion Plans
A web hosting firm in Carrickfergus has announced expansion plans. Big Wet Fish Hosting is recruiting three new staff members to help it boost export sales. The company is creating an online customer support service at its base in Kilroot Business Park, with support from Invest Northern Ireland towards the new jobs.
Web Host Firm Announces Expansion Plans
A web hosting firm in Carrickfergus has announced expansion plans. Big Wet Fish Hosting is recruiting three new staff members to help it boost export sales. The company is creating an online customer support service at its base in Kilroot Business Park, with support from Invest Northern Ireland towards the new jobs.
07 May 2014
Co Down Aerospace Company Considering Sale
B/E Aerospace in Kilkeel, Co Down, may be up for sale, according to a report by the BBC. It is understood that the US firm may be about to sell its Kilkeel manufacturing business. 800 people are employed at the site.
Co Down Aerospace Company Considering Sale
B/E Aerospace in Kilkeel, Co Down, may be up for sale, according to a report by the BBC. It is understood that the US firm may be about to sell its Kilkeel manufacturing business. 800 people are employed at the site.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
