Cliff White

The U.K.’s seafood-processing sector has struggled through some difficult times lately, but local advocates are pushing for a revival.

Troubling signs for the sector have included a plan introduced by Young’s Seafood to demolish its Marsden Road factory, following the company’s closure of the facility in June 2023. Iceland Seafood International also sold off its U.K. assets, including its Grimsby plant, for just GBP 1,000 (USD

Martin Rasmussen is the CEO of Andfjord Salmon, which is building a flow-through land-based salmon farm on the island of Andøya, in the Arctic archipelago of Vesterålen, Norway. It recently concluded a NOK 350 million (USD 32.9 million, EUR 30.3 million) private placement and has applied to conduct a subsequent offer of shares on the Euronext Oslo stock exchange, where it is listed. On 29 May, the company reported an operating loss

Newlat Group, a publicly listed multi-channel player in the branded food segment, is acquiring Princes Group from Mitsubishi for GBP 700 million (USD 894 million, EUR 822.3 million).

Headquartered in Liverpool, U.K., and managed from the Netherlands, Princes is one of the U.K.’s largest food and beverage firms, and its range includes a variety of shelf-stable tuna, sardine, salmon, and mackerel products.

Reggio Emilia, Italy-based Newlat

Shirley, Solihull, U.K.-based Simply Seafoods is pushing its products into the U.S. through a partnership with retailer Trader Joe’s.

The family-owned company, which has seven employees, currently does most of its business in the U.K. but is making a push to diversify into Europe and the U.S. It scored a win by getting into U.S. grocery chain Trader Joe’s through fellow U.K. firm Wildwaters Seafood and is now angling for a supply