CoombeFish Group (together with their sister company Peninsula Seafoods), a leading South West–based seafood provider, has acquired AM Seafoods Group.
AM Seafoods Group, incorporating AM Seafoods, Kildavanan Seafoods and B&M Fishing, is a leading seafood provider and processor based in the North West. AM Seafoods Group is a well-established seafood processor, specialising in the sourcing and processing of shellfish including whelk, crab and scallops, and generating annual revenues of approximately £17 million.
James Spear, Director at CoombeFish Group, said: “AM Seafoods Group is a well-respected operator with strong capabilities across the seafood supply chain. This acquisition aligns well with our long-term strategy and provides a solid platform on which to build. We look forward to working with the team to drive the business forward and continue serving customers with the same high standards.”
Isca Ventures acted as the lead corporate finance adviser to CoombeFish Group, with legal advice from Spencer West LLP, Kitson Boyce LLP, TJD Law Limited and Andrew Jackson Solicitors LLP. AM Seafoods Group was advised by FRP Advisory and JMW Solicitors LLP.
“We valued the corporate finance and transaction support provided by the team at Isca Ventures. They added value throughout the acquisition process,” said Andrew Turner, Finance Director, CoombeFish Group.
