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M&A

Hofseth opens $38m smolt facility, expects record profits in 2023

Hofseth International processed over 50,000t of salmon in 2022, but volatile raw material prices caused steep losses; large smolt should now give its farming arm a boost, too

By Neil Ramsden | Aug. 16, 2023 10:41 BST
Hofseth Aqua's Tafjord post-smolt facility. Credit: Hofseth
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