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
Frøy reports jump in earnings and profits for Q4
Norwegian wellboat and aquaculture services company Frøy reported a strong finish to 2021 with increased profits and a healthy order book, its Q4 results show. Frøy is one of the […] Continue Reading
NTS rebels in new board takeover bid
The NTS aquaculture group saga took a new twist over the weekend with the news that another attempt is being made to reshape the company’s board of directors. A rebel […] Continue Reading
Lerøy and SalMar report large Q3 harvest increases
Two of the biggest names in Norwegian salmon farming are reporting large increases in their third quarter harvest figures. SalMar and Lerøy Seafood are co-owners of Scottish Sea Farms, but because […] Continue Reading
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