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News

Scottish Sea Farms confirms first key Shetland appointments

Scottish Sea Farms has announced the first two appointments for its new Shetland assets, acquired from Grieg at the end of last year. Richard Darbyshire, formerly Scottish Sea Farms Orkney […] Continue Reading

News

Grieg formally seals Shetland assets sale

Grieg Seafood last night formally completed the sale of its Shetland business to Scottish Sea Farms. The deal, reported to be worth £164m (NOK 1.9 bn), was cleared by the […] Continue Reading

News

Walrus spotted at Shetland salmon farm

A salmon pen in Shetland has become a temporary home for an unusual visitor – a walrus weighing three-quarters of a ton. The female walrus, which has been named “Freya” […] Continue Reading

News

Competition body clears takeover of Grieg’s UK assets

The UK’s Competition and Markets Authority (CMA) has cleared Scottish Sea Farms’ bid to acquire Grieg Seafood Hjaltland UK, paving the way for the takeover of Grieg’s Scottish assets. In […] Continue Reading

News

UK competition watchdog looks at Grieg Shetland sale

The UK Competition and Markets Authority is looking at Scottish Sea Farms’ proposed acquisition of Grieg Seafoods’ Shetland business. The CMA is calling for views to help it decide “whether […] Continue Reading

News

Investment banks welcome Grieg’s Shetland sale

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

News

Scottish Sea Farms nets Grieg’s Shetland assets

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

News

Grieg confirms Shetland sale talks are ‘ongoing’

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

News

Grieg raises book value of its Shetland assets

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

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