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Consolidation in Scottish Seafood

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Consolidation in Scottish Seafood

Consolidation in Scottish Seafood
July 22
14:11 2011

Associated Seafoods has concluded its second acquisition within a matter of days following the purchases of scampi-maker Moray Seafoods and smoked salmon producer Lossie Seafoods, both based at Buckie in Scotland.

Associated Seafoods is a Scotland-based holding company set up by an experienced management team, with an objective to invest into value-added processing of seafood. It is half owned by Scottish Seafood Investment, a joint venture between Scottish Salmon Company, Scotland’s leading independent salmon producer, and Northern Link, the major shareholder in Scottish Salmon Company.

Associated Seafoods’ strategy is to concentrate on value-added processing of salmon (smoking, ready-to-cook, ready-to-eat, etc.) and adding other species to complement its value-added offering.

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