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Processing Dec. 15, 2021 10:43 AM
Labeyrie parent mitigates COVID losses, announces new chief

Lur Berri, which controls a 43% stake in Labeyrie Fine Foods, reported an 8% drop in turnover for the year, a better than anticipated result given the foodservice lockdown

M&A Dec. 10, 2021 7:17 AM
Hilton confirms deal for Dutch smoker Foppen

By Tom Seaman and Neil Ramsden

UK-based meat packer Hilton Food Group confirmed a deal to acquire Dutch smoker Foppen Groep on Dec. 10, after Undercurrent News first reported the talks on Oct. 20 

Europe Nov. 26, 2021 9:29 AM
Milarex appoints new director for UK division

By Dan Gibson

The PE-backed salmon processor has appointed Chris Robertson from Dawnfresh to replace outgoing managing director Geoff Cormack, who is leaving in Q1 next year

Europe Nov. 24, 2021 9:55 AM
Mowi wins part of £100m-plus Tesco private label salmon contract from Hilton

By Tom Seaman

Around 15% of the chilled, pre-pack salmon previously exclusively handled by Hilton Seafood UK, formerly known as Seachill UK, has moved to Mowi and Dawnfresh Seafoods

M&A Nov. 16, 2021 10:01 AM
Iceland’s ISI plans further market consolidation, increased retail exposure

By María Feijóo

ISI plans to further consolidate in the market after growing its presence in the UK seafood processing sector and the closure of acquisitions in Ireland and Spain

Europe Nov. 10, 2021 9:38 AM
Labeyrie smoked salmon recalled in France over listeria

The alert applies to four-slice packs of Labeyrie Fine Foods' smoked salmon sold in several stores throughout the country, including Carrefour and Auchan

Products Nov. 3, 2021 9:50 AM
JBS promotes Bender’s deputy to Huon CEO as court approves takeover 

According to his Linkedin profile, Philip Wiese, who spent the last 11 years as deputy CEO of Huon and the three before as chief financial officer, has taken over as CEO

Products Oct. 28, 2021 10:00 AM
Hilton beats PE firms, salmon farmers to exclusivity for Foppen

By Tom Seaman

CapVest, Cooke and PAI Partners all reportedly bidders for salmon smoker Foppen, on which UK's Hilton Food Group is currently doing due diligence

Whitefish Oct. 26, 2021 9:22 AM
Sealaska-backed NESI eyes M&A, organic expansion despite ‘wave of inflation’

By Tom Seaman

New England looking 'long-term' at acquisitions and organic expansion, despite unprecedented levels of inflation wiping out profits for the sector, CEO says

Products Oct. 21, 2021 9:32 AM
Watch: New England CEO Aherne talks inflation, life after Sealaska investment

By Tom Seaman

Dan Aherne, CEO of UK processor New England Seafood, gave Undercurrent News insight into his company's growth strategy amid high levels of inflation in a video interview

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