A Grimsby seafood plant’s sale process has been put on hold after two failed negotiations, as the parent company reported an upturn in operations.
Iceland Seafood International had put the significant UK division on the market after racking up losses of £12 million. Employing almost 200 people on Great Grimsby Business Park, it attracted early interest, entering into exclusive discussions twice, but both broke down before a deal was agreed.
Now the Reykjavik team are to pause proceedings having ridden out exceptional pressures, with new contracts being served.
