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Insider UK
Insider UK
National
Peter A Walker

40 jobs saved as Dawnfresh Seafoods is sold out of administration

The administrators of Dawnfresh Seafoods have secured a going-concern sale of the Uddingston fish processing facility to Peterhead-based Thistle Seafoods.

The deal, for an undisclosed sum, sees the immediate transfer of 40 employees to Thistle Seafoods.

The Uddingston site extends to over 100,000 sq ft and includes an industrial unit with processing, warehousing, administration and cold store facilities.

Thistle Seafoods will develop the Uddingston site into an 'advanced added value' seafood processing and distribution centre, with access to retail and wholesale customers and markets in the UK, the EU and further afield.

Ryan Scatterty, managing director at Thistle Seafoods, commented: “The acquisition of the Uddingston facility is an ideal fit for our business as it will provide us with a strategic processing, storage and distribution hub with ready access to the key transport networks to better serve our domestic customers.

“It will also allow us to further expand our product offering and capitalise on our fast-growing export markets - we are delighted to welcome an extra 40 staff to our business and plan to recruit further this year as we build our business.”

Dawnfresh Seafoods was one of the UK’s largest producers and processors of fish and seafood when it went into administration on 28 February, along with Dawnfresh Holdings and R R Spink & Sons (Arbroath).

FRP Advisory sold the Arbroath facility to Lossie Seafoods in a deal that saved 249 jobs.

Dawnfresh Farming, which operates seven fish farms in Northern Ireland and Scotland, continues to trade solvently and will be formally marketed for sale in the coming months.

In the interim, interested parties are encouraged to contact the Edinburgh office of administrators FRP Advisory.

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