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Birmingham Post
Birmingham Post
Business
David Laister

Icelandic acquisitions aid New England Seafood's whitefish supply amid Ukraine invasion pressures

Expansion opportunities following the buy-out by Sealaska Corporation are being realised by New England Seafood International, with timely investments safeguarding supplies.

The £3.3 million purchase of a neighbouring site to its Grimsby whitefish operations has been flagged as part of the future growth ambition, with the acquisitions of two Icelandic businesses ensuring short-term headwinds from the Russian invasion of Ukraine don’t alter the course for the firm.

It has reported sales of £151.5 million in 2021, broadly in line with the elongated 14-month period prior, as accounts were tallied with the new ownership.

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