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.
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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
372:
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
429:
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.
430:
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
425:
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).
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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
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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.
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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.
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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.
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644:"Young's Seafood parent company acquires Greenland Seafood, establishing a "significant platform in mainland Europe""
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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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381:) but both the Ross and Young's names survived as independently operating divisions of the new company.
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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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576:
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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781:"Young's Bluecrest Merger Creates Strongest Seafood Company in the UK,"
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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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774:"Young's Bluecrest Expanding Macrae Plant in Edinburgh," QFFI's
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channel, and as much as 13 percent in the catering market.
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711:"Capvest Considers Unified Young's, Birds Eye, Findus,"
746:"Young's Moves Fish Operation from Hull to Scotland,"
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739:"Young's Brand Breaks Through ÂŁ200 Million Barrier,"
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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
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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.
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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"
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831:Seafood companies of the United Kingdom
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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
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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
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445:The acquisition of the UK-based
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42:needs additional citations for
826:1805 establishments in England
764:, January 25, 2005, p. 5.
755:Fish & Chips and Fast Food
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846:2008 mergers and acquisitions
729:, March 11, 2006, p. 57.
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771:, June 12, 2006, p. 32.
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704:"Capvest Acquires Young's,"
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778:, January 2006, p. 45.
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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.
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175:Ross House, Wickham Road,
851:Fish processing companies
785:, August 1999, p. 2.
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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
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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
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66:"Young's Seafood"
16:(Redirected from
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804:Official website
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449:operations from
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677:. Retrieved
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650:. 2020-10-16
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600:. 2019-07-02
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479:Market areas
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321:Leigh-on-Sea
317:River Thames
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229:Subsidiaries
211:Sofina Foods
172:Headquarters
144:Company type
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49:Please help
44:verification
41:
513:Sponsorship
291:, based in
815:Categories
654:2020-10-17
629:2020-03-23
604:2020-03-23
564:References
455:Bird's Eye
412:Booker Plc
367:Ross Group
295:, Sweden.
213:as of 2022
188:Key people
107:April 2007
77:newspapers
769:The Times
440:Edinburgh
406:Bluecrest
328:whitebait
313:Greenwich
289:Findus AB
598:BBC News
546:Unilever
538:Aker ASA
493:Scotland
279:concern
197:Products
154:Industry
530:Alpesca
485:Young's
459:Permira
436:Grimsby
355:Grimsby
299:History
270:England
266:Grimsby
238:Website
181:England
177:Grimsby
164:Founded
148:Private
91:scholar
762:Grocer
727:Grocer
720:Grocer
713:Grocer
679:3 June
580:
556:Ltd.;
532:S.A.;
489:Macrae
451:EQT AB
447:Findus
432:Humber
399:Hanson
343:salmon
336:London
332:shrimp
93:
86:
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72:
64:
560:Ltd.
536:ASA;
534:Orkla
293:Malmö
223:3,000
207:Owner
98:JSTOR
84:books
681:2022
578:ISBN
498:The
438:and
330:and
201:food
167:1805
158:food
70:news
491:in
249:.uk
247:.co
243:www
53:by
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