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Albert Fisher

Albert Fisher is to raise £0.5m from the sale of its 30% stake in Legumland Surgeles, the French processor of frozen vegetables. 30-Apr-2002

Albert Fisher has sold its Mondi fruit and vegetable operations in Poland and Belgium to management for £6.7m. 14-Mar-2001

Albert Fisher is to close its frozen vegetable factory in Grimsby with the loss of 180 jobs, in order to transfer production to its Kings Lynn plant. 21-Feb-2001

Albert Fisher is seeking a suitable site in York for a new frozen and chilled foods factory, which would involve selling its existing plant at Skelton Park to developers. 10-Jan-2001

Albert Fisher has sold Van Soest, its Dutch cold storage and frozen vegetables subsidiary, to management for £6.1m. 07-Jul-2000

Albert Fisher has sold its Greencell fresh produce division to management for £1.4m. 10-Apr-2000

Albert Fisher is close to agreeing the sale of its 20% stake in FreshPoint, the North American food distributor, to Sysco, in order to raise about £36m for debt-reduction purposes. 11-Jan-2000

Albert Fisher has called off a previously-announced merger between its Freshpoint business in the US and Fresh America, following a sharp fall in Fresh America's share price. 29-Oct-1999

Albert Fisher has sold three seafood businesses based in Belgium and Denmark to the Dutch venture capital group Gilde Buy-Out Fund for £21m, in an ongoing effort to reduce debt. 21-Aug-1999

Albert Fisher is to receive a £20m windfall from the merger of Freshpoint Holdings, the former US fresh foods subsidiary in which it has a 20% stake, with Fresh America. 05-May-1999

Albert Fisher has sold two if its River Ranch prepared vegetable operations in the US to Taylor Fresh Foods for about £3m, and the sale of an additional nine businesses should be agreed in the next few weeks. 01-Apr-1999

Albert Fisher has sold Fisher Quality Foods Uyttewaal, its Dutch pickles business, to Carl Kuhne for £4.4m. 13-Mar-1999

Albert Fisher has decided not to proceed with plans to sell its chilled prepared salad and fruit divisions, and will instead reduce debt by making other disposals. 27-Jan-1999

Unigate is to acquire Fisher Quality Foods, the supplier of sauces and dressings, from Albert Fisher for £43m, and will combine the business with its fresh foods division. 20-Jan-1999

Albert Fisher has closed its loss-making operation in Buffalo, US, and is in talks to sell its sauces and dressings business. 17-Dec-1998

Albert Fisher has put a number of businesses up for sale, including salad dressings, chilled foods and the continental European seafoods operation. 16-Oct-1998

Albert Fisher has sold two businesses - the Aqua Star seafood subsidiary in the US to Admiralty Island Fisheries for £16m, and the Jiffy vegetables business in Worcestershire to Grower Marketing Services. 05-Sep-1998

Albert Fisher, the food company, is planning a fundamental review of its operations in order to prevent further losses, and a break-up of the group is possible. 15-Jul-1998

Albert Fisher has failed in its efforts to sell its European seafood operations, and will now try to develop the business instead. 21-Feb-1998

Albert Fisher has sold Roem, its Dutch seafood operation, to a management team for £21m, and will use the proceeds to buy back some of its shares in a capital restructuring. 08-Nov-1997

Albert Fisher has confirmed plans to look for a buyer for its seafood business in order to focus on fresh produce. 21-Aug-1997

Albert Fisher has announced that takeover talks with an unnamed bidder, thought to be Chiquita Brands of the US, have ended, and it will now devise a new strategy and a share buy-back in order to enhance earnings per share. 15-Aug-1997

Albert Fisher, the food produce group, has received a takeover approach from an unnamed company thought to be a non-UK trading concern. 14-Jun-1997

Albert Fisher is acquiring Howard Long International, the Norfolk-based supplier of prepared lettuce to McDonald's, for £27m. 04-Jun-1997

Albert Fisher, the fresh foods group, is selling its North American distribution business to a management buy-out for £73m. 11-Oct-1996

Albert Fisher Group has acquired frozen vegetable processing plants in King's Lynn and Grimsby from Frigoscandia for £11m. 25-Jun-1996

Albert Fisher has sold its 50% stake in its Spanish joint venture, Albert Fisher Larios, to its partner Larios for £6.6m. 11-Jun-1996

Albert Fisher is in discussions to buy Frigoscandia's frozen vegetable processing plants in King's Lynn and Grimsby. 25-May-1996

Albert Fisher, the food company, has withdrawn from wholesaling in Germany at a cost of £43m, and is preparing to sell a majority stake in its US distribution business. 19-Apr-1996

Albert Fisher Group has set up a joint venture with Pinguin of Belgium and Legumland of France to build a £10m frozen corn and carrots factory at Ychoux, France. 24-Feb-1996

Albert Fisher, the food distribution and processing concern, is to withdraw from growing iceberg lettuce in the US. 16-Feb-1996


More from the Food & Drink sector

Related pages:
Tomos Watkin
Princes Foods
Christian Salvesen
Associated British Foods
Burn Stewart Distillers

Albert Fisher website: www.fisherfoodsgroup.com

The information on this page comes from the UK Activity Report.
Click here for further details












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