Son of SalMar founder comes in from cold

Gustav Magnar Witzøe, son of the founder of the salmon giant SalMar, has joined the board of family-owned group Kvarv.
It had previously been reported that he wanted to remain outside active business and had considered moving to Switzerland at one point last year.

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SalMar reports gradual upturn at Scottish Sea Farms

BIOLOGICAL issues at Scottish Sea Farms are continuing to impact on SalMar’s financial performance, 2019 fourth quarter figures from the Norwegian salmon farming giant show. However, there are signs of improvement. The company has a 50 per cent stake in its UK operation, which it calls Norskott Havbruk and shares with the Lerøy Seafood Group. SSF…

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