Posts Tagged ‘Investment and Finance’
Court grants Barramundi time to fix its finances
A Singapore court has granted fish farming business the Barramundi Group four months’ protection from creditors, allowing it to get its financial house in order. The company had asked for more time.
Read MoreAquaculture sustainability fund raises €93m
The Blue Revolution Fund, an aquaculture impact investment fund focused on sustainability, has now closed with a total of €93m (£78m) in commitments. The fund was established by Hatch Blue, a knowledge-driven aquaculture specialist.
Read MoreIceland fish farmer signs major finance deal
Laxey, one of Iceland’s younger salmon farming companies has signed a financing agreement with Arion Bank for an undisclosed sum to support its plan to operate a facility on land in Vestmannaeyjar, the country’s western isles.
It says the agreement is an important part of Laxey’s long-term operations and supports the company’s continued development.
Read MoreTakeover of Danish processor may be good news for Scotland
Scottish salmon sales could receive a lift following the takeover of Danish processing company Insula Hvide Sande. The Norwegian company First Seafood, based in Bergen, has announced its decision to acquire 100% of the shares in the company. First Seafood Chief Commercial Officer Roy Olsen said the acquisition should give an increase in filleting capacity…
Read MoreLerøy Seafood invests in US biotech company
The Lerøy Seafood Group has announced a strategic investment in the US biotech company Salmonics.
The terms of the investment remain undisclosed, but the announcement said it will support Salmonics’ continued growth and cutting edge biotechnology, which uses fish blood to create healthcare products.
Read MoreAker BioMarine plans spinout for krill feed business
Krill harvesting company Aker BioMarine announced last night that it has entered into an agreement with the US buyout fund American Industrial Partners to sell ownership in its feed ingredients business. The deal is based on an enterprise valuation of US $590m (£463m).
Read MoreSalmon Evolution raises £27m to help take its second phase forward
Norwegian land based salmon company Salmon Evolution successfully raised the equivalent of just over £27m on the Oslo Stock Exchange last night.
Read MoreGigante Salmon share issue raises more than £16m
Land-based fish farmer Gigante Salmon has successfully raised at least NOK 225 million (£16.6m) in a new share issue in Oslo last night.
Read MoreName change and ambitions for Ice Fish Farm
The Icelandic salmon farmer Ice Fish Farm has changed its name – and its shares can now be traded on a market for aspiring companies.
Read MoreCanada’s High Liner Foods invests £8m in Norwegian salmon farmer
The large North American seafood company High Liner Foods is making a big investment into land-based salmon producer Andfjord Salmon.
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