Exclusive talks to sell a Grimsby seafood firm have failed to reach a deal for a second time.
Iceland Seafood International had signed a letter of intent with an unnamed “respected industry player,” weeks after December’s first sale process began for its UK division. It will now “evaluate options,” with almost 200 jobs thought to be at risk, should the plug be pulled.
Losses of £12 million have been racked up at the former Five Star Fish facility on Great Grimsby Business Park, having been taken on as Covid hit. Initial concerns emerged in the summer with reports it was taking longer to stabilise than anticipated, with the exact impact later revealed.
