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One of Scandinavia’s leading investment banks has described the Scottish Sea Farms/Grieg Shetland deal as good news for both parties. SalMar and Lerøy, co-owners of SSF, announced on Tuesday that […] Continue Reading
Scottish Sea Farms is to become the new owner of Grieg Seafood’s Shetland operations, it was confirmed last night. The sale is worth NOK 1.9 billion or £164m, appreciably higher […] Continue Reading
Grieg Seafood has confirmed that it is in talks with a third party to sell its Shetland business. The company ended months of speculation in an Oslo Stock Exchange announcement […] Continue Reading
Grieg Seafood appears to have added another £15m to the sale price of its Shetland business. In its Q1 presentation paper last week, the business put the net book value […] Continue Reading
Grieg Seafood said today that the sale of its Shetland business is continuing and going to plan. The company made the disclosure as it unveiled its first quarter results, which […] Continue Reading
Grieg Seafood has taken a buffeting from the financial commentators in Norway over the last few days, with one warning that the company risks running out of cash within the […] Continue Reading
Scottish Sea Farms is investing nearly £2m to upgrade and improve its Shetland farm infrastructure. The company says the investment will better equip its farm team to improve fish welfare […] Continue Reading
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between […] Continue Reading
Grieg Seafood is set to pull out of Shetland, the company said in a shock announcement today. Publishing its third quarter results, in which it announced a loss, the company […] Continue Reading