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
SalMar reports profits up for Q3 2020
Fish farming giant SalMar has delivered exceptionally strong third quarter results, with a better than anticipated performance from its associate business Scottish Sea Farms, in which it has a 50 […] Continue Reading
SalMar and Leroy report lower harvests
SalMar and Lerøy Seafoods, two of Norway’s largest salmon farming companies, are reporting lower harvests for the third quarter of this year. In a trading update Lerøy said it slaughtered […] Continue Reading
Iceland’s largest salmon farmer posts €16m loss
ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. […] Continue Reading
Farm ‘rig’ based on offshore technology
NORWAY’S SalMar Group has signed a contract with Rolls-Royce for the construction of a semi-submersible fish farm rig, based on offshore oil and gas industry technology. According to the maritime […] Continue Reading