Three-way battle for £200m Young’s Seafood deal
Young's Seafood has become the subject of a three-way bid battle as a potential £200m sale of the Grimsby-based frozen food manufacturer nears completion.
According to The Telegraph, former private equity owner CapVest, Japan’s Mitsubishi Corporation and UK Fisheries are understood to be pursuing a deal.
The sale is expected to be complete by September and could fetch between £170m and £200m, but the timetable and bidders may change.
Boutique investment house Stamford Partners has been handling the sale process, which h... For the full story register now for free or login below...