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Following the sale, valued at NOK 10.2 billion, Grieg will focus its operations solely on its best-performing Rogaland region in southwestern Norway.

The feeding period will begin in May and the new feed will be offered to salmon close to harvest size.

“Our industry’s future appears increasingly dictated by out of touch Ottawa political priorities” stated Cermaq Canada in their communiqué.

"After 8 years, it is the right time to pass the baton on," said the still Managing Director of the salmon company.

Aquaculture Stewardship Council's inaugural awards recognise leadership, innovation, and commitment to sustainability in aquaculture, for producers, retailers and newcomers with ASC certification.