Iceland 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.

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Takeover 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…

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Lerøy Seafood invests in US biotech company

Scientists next to Salmonics sign

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.

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