loading
AdvertisementX
AdvertisementX

M&A

Vega acquisition boosts Coast’s sales 30% to $770m

Bought early in 2023, Vega Salmon has boosted the Norwegian seafood exporter's revenue and contributed to profits that were up 14% y-o-y for 2023

By Neil Ramsden | Aug. 14, 2024 10:37 BST
Coast CEO Sverre Soraa
Related

Norway’s Coast buys salmon processor from Danish PE

Norway’s Coast sets new export record even as it expands with deal for Vega

Coast Seafood Norway

Denmark’s Vega Salmon back in profit under Coast’s ownership

Vega salmon

Vega deal helps Coast shift to balancing VAP, salmon sales roles

China’s imported shrimp market shows signs of recovery ahead of holidays

free read Daily recap: US wholesale prices for haddock rocket; Nissui appoints new CEO; Hofseth plans two more US facilities

AdvertisementX

Norway's Coast Seafood Group built on a 2022 in which it set a new record for fish processed and exported by acquiring Vega Salmon at the very beginning of 2023 [...]

Want to keep reading?

Sign up for a trial to have access to our articles!

free read Week 13 US wholesale prices: Haddock levels soar on tariff risk; lobster tails, Chilean salmon consolidate lower

Credit: Paul Horwitz/Shutterstock.com

US seafood sector warns Alaska could be casualty of Trump’s trade war

Channel Fish sees challenges, some opportunities from possible tariffs on Canada

Chinese tilapia farmgate prices steady despite 45% US tariff

AdvertisementX

Contact the author neil.ramsden@undercurrentnews.com

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.