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Last Updated: Thursday, 4 November, 2004, 11:05 GMT
Jobs safe after factory buy-out
Factory workers in Grimsby and Aberdeen have been told their jobs are safe after the sale of Cavaghan and Gray Seafood by its owners.

Northern Foods announced on Thursday that the division had been sold for 12.6m to IFP Holdings, a subsidiary of Icelandic Group Plc.

Cavaghan and Gray Seafood employs 2,300 people and also has a sites in Carlisle.

Northern Foods said the proceeds will be used to reduce group debt.




SEE ALSO:
Talks over food firm job losses
08 Oct 04  |  Cumbria
Northern Foods moves HQ to Leeds
09 Sep 04  |  Humber
Jobs go as food group shuts sites
28 Sep 04  |  Business
Northern Foods sees profits fall
02 Jun 04  |  Business


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