SalMar in deal to take over NRS
SalMar and Norway Royal Salmon announced today that they have entered into an agreement to merge the two businesses, with SalMar the acquiring company. An Oslo Stock Exchange statement said […] Continue Reading
Norway Royal Salmon beats expectations in Q1
Norway Royal Salmon has announced a higher than forecast operating profit for the first quarter of this year. Ten days ago the company issued a profits warning after it revealed […] Continue Reading
NRS issues profits warning
Norway Royal Salmon has issued a profits warning ahead of its 2022 first quarter results, due later this month. The company said the problem relates biological challenges, with higher than […] Continue Reading
Gustav steps down, Linda steps up at SalMar
Salmon farming giant SalMar has a new chief executive at the helm today with Linda Litlekalsøy Aase taking over from Gustav Witzøe. She steps into the top job at a critically important […] Continue Reading
SalMar secures control of NTS
Salmon farming group SalMar has at last taken control of its competitor NTS, after securing a majority stake. SalMar now owns 66,228,641 shares or 52.7% of the NTS equity. Its […] Continue Reading
Høstlund back as NRS CEO, for now
Charles Høstlund has returned as Chief Executive Officer at Norway Royal Salmon – but only on an interim basis. Høstlund, who was CEO of NRS from 2014 till September 2021, […] Continue Reading
SalMar closes in on NTS prize
Reports from Norway suggest that the obstacles in SalMar’s bid to take control of the rival aquaculture business NTS, were finally cleared yesterday. It follows an extraordinary general meeting of […] Continue Reading
SalmoNor chief flagged up as next NTS chairman
SalmoNor chief Vibecke Bondø looks poised to become the new chairman of the NTS aquaculture group. She resigned her position as chief executive of SalmoNor, the family-owned salmon farming business […] Continue Reading
NTS blocks NRS-SalmoNor merger move
The NTS aquaculture group has moved to prevent a controversial merger between its two subsidiaries, Norway Royal Salmon (NRS) and SalmoNor. Last week NRS said it had raised NOK 1.9bn […] Continue Reading