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Young's Seafood

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33: 521:, taking over the kit sponsorship from the final home match of the 2003–2004 football season. For the 2004–2005 season, the clubs yellow away strip had the product logo for "Youngs Mariners Pie", to tie in with Grimsby Town's club nickname "The Mariners". At the end of the 2021–22 season it was announced that Grimsby would not be renewing the sponsorship deal after an 18-year spell as the club's primary kit sponsor. 137: 376:
The Ross Group's trawling operations, however, were losing money throughout the decade and, in 1969, the group agreed to be acquired by Imperial Tobacco - as part of which process Ross's trawling business was spun off into British United Trawlers. Ross was renamed Imperial Foods (a division of the
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Ross's and Young's frozen foods operations grew strongly through the 1960s. A new network of distribution depots was set up, and a number of wholesalers throughout the country were acquired. By the middle of the decade the group's share of the UK's frozen food sector topped 5 percent in the retail
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LGV, however, declined to back this expansion, and instead, in 2002, sold Young's Bluecrest to a new management buyout, this time backed by CapVest, a European investment firm. The newly capitalised company made its first acquisition (of the chilled seafood division of Albert Fisher, based in
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in its attempt to acquire Imperial, but Hanson was interested only in Imperial's tobacco holdings and sold Ross Young's to UB in 1988. Under UB's ownership, Young's was redeveloped as a standalone division. However, by the late 1990s, UB was restructuring its business to focus on core brands.
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Newcastle), in June 2003. Purchases of the Pinegain Group and its Marr Foods division followed in October 2003; and Young's bought a 34 percent stake in Macrae Food Group, the largest dedicated producer of ready-to-eat seafood in Scotland in September 2004. Expansion and refurbishment of its
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In 2000, Young's Bluecrest relaunched the Young's branded products and invested in increased production capacity. By then turning over more than ÂŁ320 million, the company also began an expansion strategy, designed to consolidate the British fish sector.
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The next generation of the Young family - brothers Gordon, Stanley, Douglas, and Malcolm - took over in the late 1930s and set up a new subsidiary for its wholesaling business. Another subsidiary added dockside purchasing and processing operations in
414:, which also had acquired the Ross fish division from Hanson. The two companies were merged to form Booker's Fish Division. In 1999 Booker sold Bluecrest to a management buyout of rival Young's Seafood, backed by Legal & General Ventures (LGV). 384:
As part of Imperial, Young's invested to expand capacity and developed a new centralized distribution system. By the middle of the 1970s, Young's sales had more than doubled, topping ÂŁ23 million in 1974, and the company was operating 18 factories.
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Bluecrest, founded in 1975 by Frank Flear, was a British manufacturer and processor of fish products based in Grimsby, England, UK. It was acquired by Fitch Lovell in 1985 and in 1990 it was sold to
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By the end of the 19th century the business, under William Joseph Young, had become a prominent fish merchanting and wholesaling company, operating its own fleet of small boats primarily for fishing
643: 357:, which later emerged as the United Kingdom's (and for a time, the world's) busiest fishing port. By the 1950s, the company had built five production facilities for its potted shrimp production. 453:
in January 2006 boosted Young's total sales to an estimated ÂŁ1 billion ($ 1.7 billion), confirming the company's position as the leader in the UK frozen fish sector, having surpassed rivals
369:. Young's, however, maintained its own operations, and especially its nationally known brand name, and members of the Young family remained in charge of the company's direction. 754: 464:
In 2019, Youngs was acquired by CapVest Partners LLP, owner of pork specialist Karro Food Group. Karro and Young's combined employ about 5,000 people across the UK and Ireland.
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Once combined with LGV's other UK seafood group the newly created Young's Bluecrest became the UK's leading specialist fish business.
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By the mid-1980s, however, Imperial was caught in an era of hostile takeovers, becoming the target of a number of companies including
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is a British producer and distributor of frozen, fresh, and chilled seafood, supplying approximately 40% of all the fish eaten in the
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since the mid-18th century, thus combining their fishing and selling businesses. The business prospered and later moved downriver to
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Foodvest (part of CapVest) in July 2008. It is a major player in the European seafood industry and also owner of sister company,
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Prior to the merger with Bluecrest, Young's itself had been the result of a number of takeovers and management buyouts.
850: 644:"Young's Seafood parent company acquires Greenland Seafood, establishing a "significant platform in mainland Europe"" 116: 275:
The company as it is today was formed through the merger of Young's and Bluecrest in 1999. It is privately owned by
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The 1805 foundation of Young's is based on that being the year when one Elizabeth Martha began selling fish on the
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Sister business, The Seafood Company, now specialises in chilled fish for UK retailers own label.
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Young's expanded throughout the 1920s, becoming one of the first companies in England to import
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quays. In 1811, Martha married William Timothy Young, a member of a fishing family based on the
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Votteler, T. (2003). International directory of company histories. Detroit: St. James Press.
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1959 marked the end of Young's independence, after the company was purchased by the larger
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brand of frozen and chilled fish, shrimp, and shellfish. The company is also the owner of
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McDonagh, Vince, "Merged Company Ploughs Money into Improvements,"
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subsidiary focuses on the restaurant and catering industry whilst
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Merrell, Caroline, "Suitors Line Up for ÂŁ1bn Unilever Business,"
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channel, and as much as 13 percent in the catering market.
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Davies, Kit, "Young's Warns of Rising Fish Prices,"
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and debuting the company's most successful product,
467:In October 2020, it acquired Germany-headquartered 397:Plc (UB). UB lost out to fast-growing conglomerate 57:. Unsourced material may be challenged and removed. 760:McLelland, Fiona, "Young's Could Be Up for Sale," 334:. In 1890, the company moved its headquarters to 812: 361:Takeovers by the Ross Group and Imperial Tobacco 753:Young's Serves Up 15m Humber Expansion Plan," 594:"Young's Seafood sold to private equity firm" 836:Food and drink companies established in 1805 789:International Directory of Company Histories 338:to begin supply the city's catering market. 420: 442:operations followed during 2005 and 2006. 697:"The Businessman with Young's at Heart," 117:Learn how and when to remove this message 620:"Young's Seafood is under new ownership" 524: 831:Seafood companies of the United Kingdom 14: 813: 725:"Experiment with Fish, Says Young's," 841:British companies established in 1805 750:, November–December 2005, p. 13. 483:Most of the group's sales are of its 743:, September–October 2005, p. 9. 517:Young's was the official sponsor of 55:adding citations to reliable sources 26: 617: 506:specializes in fish frozen at sea. 389:The Hanson and United Biscuits Eras 264:every year. It is headquartered in 233:Young's Retail, Young's Foodservice 24: 691: 25: 862: 795: 445:The acquisition of the UK-based 306: 135: 31: 478: 42:needs additional citations for 826:1805 establishments in England 764:, January 25, 2005, p. 5. 755:Fish & Chips and Fast Food 661: 636: 611: 586: 570: 512: 13: 1: 846:2008 mergers and acquisitions 729:, March 11, 2006, p. 57. 563: 771:, June 12, 2006, p. 32. 722:, March 4, 2006, p. 67. 704:"Capvest Acquires Young's," 405: 7: 778:, January 2006, p. 45. 10: 867: 821:Companies based in Grimsby 783:Frozen & Chilled Foods 748:Frozen & Chilled Foods 741:Frozen & Chilled Foods 734:Frozen & Chilled Foods 715:, May 13, 2006, p. 6. 298: 175:Ross House, Wickham Road, 851:Fish processing companies 785:, August 1999, p. 2. 708:, April 2002, p. 73. 237: 227: 217: 206: 196: 186: 171: 163: 153: 143: 134: 736:, April 2000, p. 2. 469:AliSa International GmbH 421:Buyouts and acquisitions 776:GLOBAL SEAFOOD MAGAZINE 673:Grimsbytelegraph.co.uk 554:Perkins Foods Holdings 18:Young's Bluecrest 558:Green Isle Food Group 525:Principal competitors 706:Acquisitions Monthly 258:Young's Seafood Ltd. 130:Young's Seafood Ltd. 51:improve this article 701:, January 11, 2005. 504:Polarfrost Seafoods 500:Young's Foodservice 219:Number of employees 131: 791:(Gale Group, Inc.) 548:Deutschland GmbH; 542:Maruha Corporation 471:, which trades as 283:who purchased the 129: 757:, May 2004, p. 4. 648:Seafoodsource.com 624:Press and Journal 582:978-1-55862-476-4 519:Grimsby Town F.C. 473:Greenland Seafood 255: 254: 127: 126: 119: 101: 66:"Young's Seafood" 16:(Redirected from 858: 807: 806: 804:Official website 685: 684: 682: 680: 665: 659: 658: 656: 655: 640: 634: 633: 631: 630: 618:Findlay, Keith. 615: 609: 608: 606: 605: 590: 584: 574: 457:, then owned by 449:operations from 281:Lion Capital LLP 251: 248: 246: 244: 192:Simon Smith, CEO 139: 132: 128: 122: 115: 111: 108: 102: 100: 59: 35: 27: 21: 866: 865: 861: 860: 859: 857: 856: 855: 811: 810: 802: 801: 798: 694: 692:Further reading 689: 688: 678: 676: 667: 666: 662: 653: 651: 642: 641: 637: 628: 626: 616: 612: 603: 601: 592: 591: 587: 575: 571: 566: 550:Icelandic Group 527: 515: 481: 423: 408: 395:United Biscuits 391: 363: 309: 301: 277:venture capital 241: 220: 189: 123: 112: 106: 103: 60: 58: 48: 36: 23: 22: 15: 12: 11: 5: 864: 854: 853: 848: 843: 838: 833: 828: 823: 809: 808: 797: 796:External links 794: 793: 792: 786: 779: 772: 765: 758: 751: 744: 737: 730: 723: 716: 709: 702: 699:Yorkshire Post 693: 690: 687: 686: 675:. 7 April 2022 660: 635: 610: 585: 568: 567: 565: 562: 552:Seachill; hf; 526: 523: 514: 511: 480: 477: 422: 419: 407: 404: 390: 387: 379:Imperial Group 377:newly renamed 362: 359: 347:potted shrimps 308: 305: 300: 297: 285:parent company 262:United Kingdom 253: 252: 245:.youngsseafood 239: 235: 234: 231: 225: 224: 221: 218: 215: 214: 208: 204: 203: 198: 194: 193: 190: 187: 184: 183: 173: 169: 168: 165: 161: 160: 155: 151: 150: 145: 141: 140: 125: 124: 39: 37: 30: 9: 6: 4: 3: 2: 863: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 824: 822: 819: 818: 816: 805: 800: 799: 790: 787: 784: 780: 777: 773: 770: 766: 763: 759: 756: 752: 749: 745: 742: 738: 735: 731: 728: 724: 721: 717: 714: 710: 707: 703: 700: 696: 695: 674: 670: 664: 649: 645: 639: 625: 621: 614: 599: 595: 589: 583: 579: 573: 569: 561: 559: 555: 551: 547: 543: 539: 535: 531: 522: 520: 510: 507: 505: 501: 496: 494: 490: 486: 476: 474: 470: 465: 462: 460: 456: 452: 448: 443: 441: 437: 433: 427: 418: 415: 413: 403: 400: 396: 386: 382: 380: 374: 370: 368: 358: 356: 350: 348: 344: 339: 337: 333: 329: 324: 322: 318: 314: 307:Early history 304: 296: 294: 290: 286: 282: 278: 273: 271: 267: 263: 259: 250: 240: 236: 232: 230: 226: 222: 216: 212: 209: 205: 202: 199: 195: 191: 185: 182: 178: 174: 170: 166: 162: 159: 156: 152: 149: 146: 142: 138: 133: 121: 118: 110: 99: 96: 92: 89: 85: 82: 78: 75: 71: 68: â€“  67: 63: 62:Find sources: 56: 52: 46: 45: 40:This article 38: 34: 29: 28: 19: 677:. 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Index

Young's Bluecrest

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Private
food
Grimsby
England
food
Sofina Foods
Subsidiaries
www.youngsseafood.co.uk
United Kingdom
Grimsby
England
venture capital
Lion Capital LLP
parent company
Findus AB
Malmö
Greenwich

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