Hopes of a swift deal to save nearly 200 seafood jobs in Grimsby have been dealt a rapid blow.
A week on from a letter of intent being signed for the sale of Iceland Seafood UK, negotiations with the unnamed entity have failed. Parent company Iceland Seafood International will now revert back to “communication with other interested parties,” it has said in a statement to investors.
As reported, the decision to exit the UK market was made in Reykjavik after losses of £12 million were revealed. It was launched at the huge former Five Star Fish premises on Great Grimsby Business Park, just as Covid-19 hit UK shores. ISI united an existing West Yorkshire operation with the neighbouring Havelok business, bringing back to use the heavily invested 100,000 sq ft plant last operated in 2018 by Two Sisters.
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