Seafood firm nets prawn processor
Scotland’s Associated Seafoods has acquired prawn processor Moray Seafoods in a move that it says will secure the future of the company and ‘herald the beginning of a new strategy to develop the domestic and export markets for quality langoustine and scampi’.
This is the second seafood processing acquisition made by Associated Seafoods recently – the first being premium salmon smoker Lossie Seafoods.
Moray Seafoods was established in 1958 in Buckie, and employs around 50 people. The company specialises in fresh and frozen langoustine, as well as scampi, and supplies both the UK and export markets.
Bill Hazeldean, chairman of Associated Seafoods, says the acquisition will provide the springboard for expansion into new markets that will eventually be fuelled by product innovation to maximise the potential of langoustine in the processing facility.
“Quality Scottish-caught langoustine is in huge demand in many parts of the world,” he says. “We feel there is huge potential in developing the market for langoustine both in the UK and abroad, involving new marketing strategies and innovation, including new value-added products. We believe that with the continued goodwill of the employees, customers and suppliers, there is an exciting future for Moray Seafoods.”
