Grimsby-based seafood processor Aquila Processing has entered administration, the company confirmed to IntraFish.

The seafood manufacturer, which specializes in value-added and coated products under the brands Ocean Select, Eagle Seafoods, and Harvest Select brands, has appointed joint administrators KPMG and is now up for sale after declaring bankrupt, KPMG told IntraFish.

"The business suffered financial pressures as a result of the weakness of sterling and it was also affected by the withdrawal of duty relieve on imports," the administrators said.

Aquila Processing, established in 2007, and employs 37 staff.

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