Unique Seafood reels in funding package

Friday, 12th September 2014

Sourced from Insider Media - follow link to original article

A seafood wholesaler which has operations in Crickdale, near Swindon, has secured a multimillion-pound funding package from Barclays to support its growth plans.

The £2.8m capital injection, which includes a structured trade loan, will allow Unique Seafood to increase its volume of products in a bid to grow sales. It is also planning to purchase an additional depot and expand its headquarters in Thamesmead, London.

Harald Nissen, managing Director, Unique Seafood Ltd, said: “The Barclays finance package will enable Unique Seafood to increase capacity, have more storage space and increase customer services,” said Harald Nissen, managing director.

“We look forward to working with Barclays as we embark on the next stage of our journey.”

Sarah Collins, relationship director in Barclays’ Retail AND Wholesale team, added: “Unique Seafood has carved a niche for itself in this competitive market and is enjoying strong growth. We are fully committed to supporting the business as it looks to diversify and expand into new markets.”

Unique Seafoods was formed in 1997 and supplies seafood to the industrial, wholesale and food services sectors, as well as more than 2,500 fish and chip shops and restaurants across Great Britain.

It also has operations in Mildenhall, near Cambridge.

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