Oghma Partners advises C.T. Holmes Limited on sale to

Brasmar Group SGPS, S.A
We have received the following news item from Oghma Partners LLP:

Oghma Partners acted as exclusive financial advisor to the shareholders of UK-based C.T. Holmes Limited (‘Holmes Seafood’) on the sale of their business to Brasmar Group SGPS, S.A (‘Brasmar’), one of the main European players in the seafood industry.

Privately owned since its incorporation over 70 years ago, Holmes Seafood operates out of the historic Billingsgate Market in London and employs c. 40 staff. Holmes Seafood specialises in supplying independent frozen seafood wholesalers throughout the UK. The acquisition of Holmes Seafood, benefiting from its privileged location in the largest inland fish market in the United Kingdom, will allow Brasmar to expand its presence in this geography, increasing the commercialisation of its products to British consumers. Holmes Seafood will maintain the current management team as well as all current jobs.

Mark Lynch, Partner at Oghma Partners, said: “We were delighted to achieve the sale for the Holmes Seafood shareholders who have found a good home for the business in Brasmar. This seafood sector deal follows on from our role advising on the recent acquisition of Ruskim Seafoods by Sykes and the sale of Icelandic Seachill to Hilton Group. Individually the team have now advised on over 18 seafood transactions making the Oghma team one of the most experienced in the seafood market.”
Tel:  +44 20 8049 2201
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