Posts Tagged ‘icelandic salmon’
Arnarlax owner faces high lice bill
A recent serious salmon lice infestation could cost the Icelandic Salmon company (also known as Arnarlax) up to £5m, the business has reported. Last month Icelandic Salmon decided to take out significant volumes of fish from Tálknafjörður in the Westfjords region of Iceland. Icelandic Salmon, which is owned by Norway’s SalMar, said: “This will have…
Read More€100m growth related loan facility secured for Arnarlax
Icelandic Salmon has successfully secured a sustainably linked €100m (£87m) bank facility through its subsidiary Arnarlax. Chief financial officer Jónas Heiðar Birgisson said the facility will support the company’s growth strategy and enhance operational flexibility. It is also aimed at refinancing existing loans. The arrangement was carried out in collaboration with DNB, Danske Bank, and…
Read MoreArnarlax goes public and changes name
AFTER more than a decade as Arnarlax, Iceland’s largest salmon farming company, is changing its name to Icelandic Salmon AS. It is thought the new name, which will apply to its Norwegian holding company, will give it a clearer identity. But a more important development is a decision, backed by its main investor SalMar, to…
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