Sykes Purchases Trading Assets Of The Big Prawn Co Limited

Big Prawn Co Ltd Press Release

The Big Prawn Co Limited is a UK-based business that specialises in manufacturing prawns and shellfish for the retail and foodservice sectors.

Sykes Seafood is a UK-based, privately-owned company, focused on providing customers with sustainably sourced quality seafood.

Together with Sykes Seafood, Klaas Puul and Ruskim creates a $550m pan European shrimp focussed seafood business that will offer a market-leading offering of seafood products across the Retail, Wholesale, Industry and Foodservice sectors. The combined businesses will operate 6 manufacturing sites across the UK, Europe, and Morocco as well as 10 distribution centres across UK and Europe employing over 4000 colleagues.

The Sykes and The Big Prawn Co business already share many synergies and similarities, and the combination will provide a solid backdrop for future growth and allow greater efficiencies in sourcing and an enhanced delivery platform to customers old and new.

Alan Dale, Group CEO at Sykes Seafood said:

“Big Prawn is a business we have long admired with its strong management team, efficient production facilities and innovative approach to product development. This is supported by strong company brands and sourcing offering a broad, quality focussed and sustainable product range to its customers.

Our focus will be to invest in increased capacity in the factory and build on its strong relationships with its customer and supplier base”

ENDS

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