Grieg could raise up to £125m from Shetland sale, analysts say

The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between a billion and 1.5 billion kroner – and possibly more if there is a bidding war. Danske Bank Markets analyst Ivar Bakken said Norskott Havbruk…

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200K smolt lost in Grieg Shetland fire

UP to 200,000 fry have been lost in a fire which hit the Grieg Seafood Girlsta hatchery on Shetland earlier this week, the company has confirmed. However, at least three million fish were saved. The fire is thought to have started in an oxygen delivery system at the site. The emergency services were called and…

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Grieg catching up with big players

GRIEG Seafood is no longer swimming in the shadow of the big salmon farming players on financial markets, a leading industry observer has suggested. Tore Tønseth, a seafood analyst at the investment organisation Spare-Bank 1 Markets, said that so far this year the value of the company’s shares on the Oslo Stock Exchange had risen…

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Scotland invests £3.5m in gill health

A £3.5 million research initiative has been launched in Scotland to improve the health of farmed salmon, it was announced today. Two Scottish consortiums, backed by the Scottish Aquaculture Innovation Centre (SAIC), are embarking on projects to improve gill health and resilience in salmon. The first study will explore the factors that can cause gill…

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Tailored training in auditing techniques

A NEW training course on internal auditing techniques for aquaculture has been launched in Shetland to meet industry demand. The short course, provided by the NAFC Marine Centre UHI, was developed by NAFC aquaculture Trainer Matthew Wright in response to a request from Grieg Seafood Shetland. ‘IInternal auditing is the process that companies have to…

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