Brasmar Group has acquired Holmes Seafood, a British company that specializes in frozen sea products for the wholesale trade sector. The acquisition aims to strengthen Brasmar's presence in the UK market. Holmes Seafood, which has a turnover of around 40 million euros, is one of the leading importers and distributors of branded frozen seafood in the UK.
"Brasmar is always looking for business opportunities that help us to strengthen our leadership position in the European market. In the specific case of Holmes, it provides us valuable knowledge, experience, and positioning in the United Kingdom, significantly increasing our presence in this market", said Sérgio Silva, Chairman of Brasmar's Board.
The acquisition will allow Brasmar to expand its presence in the UK market and increase the commercialization of its products to British consumers. Holmes Seafood will maintain its current management team and all current jobs. This is the fourth acquisition by the Portuguese group in the last four years as part of its internationalization process.
Andy Thomas, Managing Director of Holmes Seafood, said: "It became evident early on that Brasmar Group are a likeminded company who share the same values and passion for the seafood business. We are delighted to be working with Brasmar and to continue to lead Holmes at such an exciting phase of our growth".
About Holmes Seafood
Holmes Seafood is a British company that specializes in the distribution of a wide range of seafood products. With a history that spans over 70 years, Holmes Seafood has established strong connections within the seafood industry.
About Brasmar Group
The Brasmar Group is a European leading company in the frozen, chilled and salted sea products industry. It operates six industrial units, each specialized in a specific type of product, which allows for a wide selection of sea products. With high production capacity and a focus on quality and safety, the company exports to over 40 countries and has commercial branches in eight countries, including Portugal, Spain, Italy, France, the United Kingdom, Norway, Brazil, and the United States
