Lots of of individuals have been left and not using a job after one of many nation’s largest producers and processors of seafood went bust.
Directors have been referred to as in to Dawnfresh Seafoods, which operates seven fish farms throughout Northern Eire and Scotland in addition to processing amenities in Uddingston, close to Glasgow, and Arbroath.
Some 200 individuals misplaced their job on Tuesday as its loss-making processing plant in Uddingston closes with rapid impact, directors mentioned, with 77 workers being retained to help the joint directors with the winding up course of.
Callum Carmichael, accomplice at directors FRP Advisory, mentioned the enterprise “has been unable to beat very severe monetary issues on the Uddingston facility”.
Dawnfresh Seafoods provides a variety of retail, wholesale, meals service and export market shoppers with a completely built-in vary of providers, from fish processing and provide by to the creation of branded merchandise akin to RR Spink & Sons and Loch Etive.
As one of many UK’s largest producers of fish and seafood, it processes 10,000 tonnes a 12 months throughout 350 product strains.
Lately the agency had began a programme of in depth funding to improve its plant and methods and scale back prices, directors mentioned.
However the enterprise continued to undergo from rising prices, overcapacity on the Uddingston website and money stream issues.
Its Arbroath facility has been saved, directors mentioned, with all 249 jobs secure after it was bought to Lossie Seafoods Restricted, as a subsidiary of Related Seafoods Restricted.
Carmichael mentioned directors have been “happy to have secured a immediate sale of the Arbroath facility in a deal that will even protect substantial employment within the city”.
In September final 12 months the corporate introduced it will spend £5 million increasing the Arbroath website, and the agency mentioned it will shut Uddingston by the top of this 12 months after it introduced plans to maneuver to 1 manufacturing website.
Labour MSP Monica Lennon mentioned: "It is a stunning betrayal of the Dawnfresh employees by the multi-billionaire proprietor Alastair Salveson. As the price of residing disaster bites, this can be a brutal announcement that can influence employees and their households throughout Lanarkshire and the North East of Scotland."
To enroll to the Day by day Report Politics publication, click on right here.