Private equity owners put Young’s Seafood up for sale

The private equity owners of Young’s Seafood have put the Grimsby-based business up for sale. Lion Capital, Bain Capital and HPS Investment Partners have invited prospective buyers to take part in a "structured and open bidding process." The company has about 1,700 members of staff in Grimsby at its headquarters, product development and manufacturing sites, and around 2,000 in Scotland. The private equity firms, which have owned Young's for ten years, said in a statement: "The board of managers of Lion/Gem Luxembourg 3 S.à... For the full story register now for free or login below...
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