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Experts welcome salmon Christmas campaign
The price of salmon will raise to 15 percent next week. Moreover, from week 41 to week 45 that same price in the Norwegian...
Japanese yen depreciation gives seafood companies consolidated earnings in Europe and North America
The Japanese food service industry has taken longer than other countries to improve and reestablish itself. The emergency declaration was not fully lifted until...
Hampidjan acquires Mørenot
Hampidjan is pleased to announce the acquisition of all shares in the Norwegian company Mørenot AS. The company provides services and sells products to companies in fisheries, aquaculture, and offshore industries. The purchase price will mostly be paid with shares in Hampidjan. The current owners of Mørenot will receive 50.981.049 shares in Hampidjan at a calculated price of ISK 112 per share. Representing a premium to the last closing price of 20,4%. It is planned to increase Hampidjan’s share capital. Accordingly and following such issuance the sellers' share will represent 9,4% of Hampidjan's total share capital. Around NOK 14,0 m (1,4 EUR m) will be paid in cash to the sellers. Mørenot's net interest-bearing debts amount to NOK 694,4 m (67,1 EUR m). Taking into account the share price of Hampidjan at ISK 112 per share,...
In salmon we trust
Early November the Norwegian Seafood Council (NSC) announced that in October the value of salmon exports broke records once...
Leroy’s harvest volume reduced and weaker farming growth than expected
According to Lerøy Seafood Group's Q3 2022, Earnings in the VAP, Sales & Distribution segment have been negatively impacted...
BioMar sees revenues up to 41%, despite lower sales volumes
Schouw & Co. released an interim report for the third quarter of 2022 that shows a quarter with solid...
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“The tax will hit harder and wider than what was intended,” Norwegian report suggests
The challenges of the salmon tax report outline that the Norwegian government’s proposal "will hit harder and wider than...
AquaBounty Technologies to be de-listed from the Nasdaq stock
The Nasdaq Stock Market LLC has notified AquaBounty Technologies, Inc. that the closing bid price for its common stock...
Mowi achieves EUR 240 million in Q3 2022
Mowi got an operational EBIT of approximately EUR 240 million in the third quarter of 2022. During the same...
Seafood investor Bluefront Equity increases its shareholding in ozone and oxygen specialist
Bluefront Equity has increased its ownership share to 82% in Redox AS. This is up from the 52% that...
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