The Department of Justice in the USA has informed Mowi ASA that they have closed their investigation into the company. Mowi has consistently maintained that the allegations of price collusion were baseless and unsupported.
In February 2019, the European Commission began an inquiry into potential price-fixing of Norwegian farmed salmon, which included raids of the Scottish and Dutch corporate offices of Mowi, Grieg Seafood, SalMar, and Leroy Seafood.
There is no new information regarding the European Commission's case handling.
Mowi is a global leader in the seafood industry and the top producer of farmed salmon worldwide. The acquisition of Iceland to its previous farming locations in Norway, Scotland, Ireland, the Faroe Islands, Canada, and Chile further expands the company's reach. Recently, the company announced more than €1 000 million of net operating income in 2022.