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 value doubles in less than a year

THE value of the fish farming giant SalMar has doubled in the past 12 months, the Norwegian media are reporting. The family owned company, whose motto is ‘passion for salmon’, is now worth more than 40 billion kroners (£3.6 billion sterling), twice what it was just a year ago. Shares of the company, which owns 50 per…

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