Morrisons snaps up Cornish seafood wholesaler Falfish

Supermarket giant Morrisons has bought Falfish, a family-owned wholesaler of sustainably sourced seafood.

The FTSE 100 grocer said it has bought the Cornwall-based firm that has been a trusted supplier of high quality fresh fish and shellfish to Morrisons for over 16 years.

No purchase price was given, but approximately 50% of Falfish’s £40 million turnover is with Morrisons.

The chain added that following the deal, over 80% of its fish and shellfish - both in its 497 stores and online business -  will come from Morrisons wholly owned seafood operations.  

Falfish’s managing director Mark Greet and all the group’s employees, around 140 people, will join Morrisons.

Falfish has a 30ft trawler, the Jacqui A, which means that Morrisons will, it believes, become the first British supermarket ever to own a fishing boat.