Iceland Seafood International Lands Buyer for UK Operations
Iceland Seafood International (ISI) has signed a Letter of Intent to sell its United Kingdom Operations, Iceland Seafood UK to a “respected industry player.”
The specific buyer was not named in a December 5 update from ISI but the company said both parties have agreed to a swift “due diligence process with the aim to complete a binding agreement before end of December.”
ISI said further updates would be provided as appropriate.
Last month, ISI announced that it would leave the UK market from a value-added perspective...
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