Associated Seafoods Ltd (ASL) is the parent organisation of our specialist group of seafood companies that comprises Moray Seafoods, Lossie Seafoods and GlenIsla Shellfish. ASL was founded by some of the country's foremost experts in quality seafood production, with the single aim of sourcing, processing and supplying the finest fish and shellfish products to discerning customers around the world.
Our product range includes premium Scottish smoked salmon, Scottish langoustine, and Scottish crab and scallops. Our quality Scottish seafood is served in some of the world's top restaurants and hotels and we are tremendously proud of our product range and our commitment to customer service.
Scottish Seafood Investments Ltd's initial investment in ASL would be GBP 0.6 million, giving Scottish Seafood Investments Ltd an initial ownership of 50 % of the ordinary shares in ASL. The joint venture will enable the Company to accelerate its growth in the seafood value-added processing in the United Kingdom and to expand its farm-to-customer value chain. Northern Link Ltd's role in Scottish Seafood Investments Ltd will be as financing partner, taking on the majority of the investment risk while the business is developing. Once ASL completes the creation of a seafood value-added processing business, the Company will have the opportunity to fully integrate the business into its own operations.