Search Results

Deal completion comes as Grieg restructures and Mitsubishi's Cermaq expands.

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

Bluegreen has already lined the fish tanks for the Overhalla Betong project.

Grieg Seafood had previously put investments on hold due to Norway's new tax regime, but will now prioritize expansion of post-smolt in Norway, and "untapped growth potential" in Canada.

A trading update released by the company indicates increased fish mortality rates in its British Columbia salmon farming operations, attributed to low seawater oxygen levels.