Posts Tagged ‘Investment and Finance’
Lerøy 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.
Read MoreOTAQ looks to raise up to £2m in loan capital
Marine technology business OTAQ is planning to raise between £1.5m and £2m through an issue of convertible loan notes. The announcement comes alongside the company’s latest trading update, which reports an “encouraging” first quarter for 2024.
Read MoreMowi raises millions in green bonds issue
Salmon giant Mowi has successfully raised around £255m (€298m/NOK 3.5bn) in green bonds. Mowi said green bond finance will be used for sustainable and environmentally friendly projects as defined by Mowi’s Green and Sustainability-Linked Financing Framework. It added: “The entire issue amount and coupons will be swapped into floating EUR. The transaction was well oversubscribed.”…
Read MoreMowi ready for a further green bond issue
Salmon farming giant Mowi is set to raise additional finance through issuing more green bonds, the company announced yesterday. In a stock exchange announcement, Mowi said that it has mandated Danske Bank (Green Bond Advisor), DNB Markets, Nordea and SEB as Global Coordinators and Joint Lead Managers, and ABN AMRO, Crédit Agricole Corporate and Investment…
Read MoreBluefront Equity launches new seafood fund
Seafood investor Bluefront Equity has launched its second investment fund by securing US $50m (£40.4m) for sustainable projects. Interest is thought to be very high, with the launch reported to be attracting considerable international attention both in Norway and elsewhere. Global impact investment firm Cambridge Associates is one of the lead investors in Bluefront Capital…
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