Iceland Seafood International will revisit sale of UK operations later this year after 'colossal' losses

Last month ISI cancelled negotiations with a potential buyer of its UK operations for the second time in two months after financing costs soared.

Iceland Seafood International CEO Bjarni Armannsson had little to smile about in 2022 amid tough trading conditions. — Iceland Seafood International CEO Bjarni Armannsson had little to smile about in 2022 amid tough trading conditions.Photo: ISI

John Evans

Iceland Seafood International Ukraine crisis Liz Truss Iceland Grimsby

Published 23 February 2023, 05:18Updated 23 February 2023, 13:53