Comment posted on Has Loch Fyne Oysters been shucked by the right partner? by john in kintyre
Like school defender I can not understand nor see the reasoning in this article.
In the original press release it was quite clearly stated that one, if not the major reason for the tie-up with Scottish Seafood Investments was that Loch Fyne Oysters found it increasingly difficult to secure funding/investment from conventional sources (probably their bankers) to expand the business because of the way it was structured.
It was and is a case of the owner/employees being willing sellers to Scottish Seafood Investments as willing buyers to secure and expand the business.
Can only be good for Argyll.
john in kintyre also commented
- What has your comment to do with the merger?
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