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Yokorei-owned Fjordlaks putting $25m into smolt facility

Trout farmer will invest in upgrading its smolt facility, and then in a modernized AKVA Group farming unit, to double production; 2016 results weak beside Yokorei buy-in

By Neil Ramsden | Aug. 18, 2017 08:08 BST
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TRONDHEIM, Norway -- Norwegian trout farmer Fjordlaks Aqua — which was acquired by Japan’s Yokohama Reito (Yokorei) and Hofseth International in June 2016 — is planning to spend NOK 200 million ($25.2m) on upgrading an existing smolt facility in Nordal, Sunnmore. [...]

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