NTS wins battle for Norway Royal Salmon
Despite predictions to the contrary, NTS has won the battle to own Norway Royal Salmon. Yesterday, in a day of high drama and more than a few surprises in Oslo, […] Continue Reading
Scottish Sea Farms shines for SalMar
SalMar today announced a second quarter operating profit of NOK 661m (£55m), considerably lower than forecast by industry analysts. The corresponding figure for Q2 last year was NOK 882m (£73m) […] Continue Reading
SalMar and Aker launch new global ocean salmon farming venture
SalMar today announced it has entered into a strategic partnership with Aker ASA, the industrial investment company specialising in energy, seafood and marine biotechnology to establish a global offshore aquaculture […] Continue Reading
Norway Royal Salmon Q2 profit lower than expected
Norway Royal Salmon, currently the subject of two takeover bids from larger rivals, today posted a lower than expected second quarter operating profit of NOK 94m (£7.6m). The corresponding figure […] Continue Reading
Salmar makes offer for Norway Royal Salmon
Fish farming giant SalMar has today stepped in with a dramatic late bid for Norway Royal Salmon. It has offered to buy all outstanding shares in NRS for NOK 270 […] Continue Reading
Krüger Kaldnes hooks up with Pure Salmon
Investment firm 8F has acquired the aquaculture division of Krüger Kaldnes from water services giant Veolia. Krüger Kaldnes’ RAS operations will be merged with 8F’s land-based aquaculture business Pure Salmon […] Continue Reading
SalMar raises £230m in a few hours
SalMar raised a NOK equivalent of more than £230m in Oslo last night – in almost record time. Shortly after closure of the Stock Exchange yesterday afternoon it announced plans […] Continue Reading
SalMar says Ocean Farm has been a success
Strong growth from SalMar’s first offshore giant, Ocean Farm 1, has been the main driver for further expansion using this method of salmon farming, one of the company’s leading executives […] Continue Reading
SalMar reports ‘satisfactory’ Q4 although profits are down
Salmon farming giant SalMar today announced a “satisfactory” final quarter operational EBIT or profit of NOK 413.8m (£35m) . The figure is down 37% on the 2019 Q4 EBIT of […] Continue Reading