The Norwegian government says it will prioritise domestic seafood processing and closer links between fishing rights and coastal employment as part of its four-year policy agenda.
Weak salmon prices and high sea temperatures caused major losses for the group's farming business, while its value-added operations nearly doubled their profit.
In addition to securing its long-term processing capacity, it has also entered into an agreement with the main shareholder, Måsøval, on a call option to acquire 100% ownership.
