Iceland Seafood Pauses Sale of UK Ops After Multiple Deals Fall Through and Business Improves

Iceland Seafood International (ISI) has decided to shutter the sale process of its United Kingdom value-added operations after a pair of potential deals fell through and the business showed signs of progress.
ISI initially announced its intention to sell its UK-based business in Grimsby in November 2022. In the following months, ISI saw a pair of potential sales fall through, as SeafoodNews reported.
The initial LOI involved a “respected industry player” and local publication BusinessLive...
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