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Cumbrian Seafoods has been bought out of administration by Lion Capital, the owner of Young's Seafood, securing 570 jobs in County Durham, Cumbria and Northumberland.
Cumbrian Seafoods is to invest £7m in the expansion of its seafood products factory in Seaham, with the creation of 100 jobs.
Cumbrian Seafoods has sold its Grants smoked salmon operation to MacKnight Food Group of the US for undisclosed terms, with the transfer of 120 staff.
Cumbrian Seafoods has confirmed plans to create 300 jobs over the next three years at a new £10m seafood factory due to open in Seaham in August.
Cumbrian Seafoods is to create 40 new jobs at its factory in Maryport, having won a contract to supply coated fish to Morrisons.
Cumbrian Seafoods has bought the Border Lairds business of The Ken Bell Seafood Company out of administration, saving 32 jobs.
Cumbrian Seafoods is creating 70 new jobs at its seafood operations in Cumbria, including 40 at a third factory unit on the Solway Industrial Estate in Maryport and 30 at its main plant.
Cumbrian Seafoods is planning a £2.5m expansion at its factory in Maryport, which will create 75 new jobs.