New name for Young’s parent owner

A NEW name has been chosen for the Karro Food group, which in July this year joined forces with Young’s Seafood under a major deal financed by private equity owners CapVest Partners.

The parent company will now be known as the Eight Fifty Food Group. CEO Di Walker said in a press release the name was chosen through a collaborative effort involving employees.

‘Our new name was co-created with colleagues from across the Karro and Young’s businesses and stems from there being approximately 850 acres in one square nautical mile and as such represents the unity of land and sea and the two important protein categories that make up our business.’

She added: ‘It also reflects the coming together of Karro and Young’s into a new group and our ambitious plans to grow the two businesses, as well as pursuing further growth in protein food categories currently experiencing significant growth.’

Both Grimsby based, Young’s, the UK’s largest seafood processor, and pork producer Karro will have combined sales of more than £1.2 billion.