Young’s Seafood has been sold to international private equity firm CapVest for an undisclosed fee.
Young’s, which employs about 1,700 people in Grimsby, North East Lincolnshire, was put up for sale in April.
CapVest already owns pork processing company Karro and plans to operate them both as separate businesses within an enlarged group.
Karro and Young’s has a combined team of 5,000 people, the group said.
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