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Companies
Official data shows Americans are eating less canned seafood, TikTok says otherwise

By April 17, 2024 4:34 PM

NOAA data reveal that despite the shift, overall seafood consumption per capita has drifted higher over the past three decades

M&A
High Liner in talks to buy EU salmon smoker with strong US position

By April 10, 2024 3:52 PM

Canadian frozen seafood giant High Liner is reportedly in talks to acquire a European salmon smoker which has close to $500m in turnover, with around a third generated from the US market

Seafood entrepreneurs
Captain Fresh plans Norway salmon sourcing operation, eyes IPO

By March 11, 2024 8:30 AM

India's Captain Fresh has established an entity in Norway and plans to build a team for salmon sourcing for its downstream operations in Europe and the US

Prices
UK retail salmon price-fixing lawsuit pits M&S against long-time supplier Scottish Sea Farms 

By March 6, 2024 9:09 AM

Lawsuit from seven UK retailers against group of farmers means Marks and Spencer is suing Scottish Sea Farms, its main salmon supplier; total damages claimed are over £675m across all companies

Prices
Seven UK retailers allege price fixing of Norway salmon ‘cartel’ cost them over $850m

By March 5, 2024 5:10 PM

Undercurrent can reveal the names of the seven UK retailers making a damages claim against Norway's largest salmon farmers; the loss estimate starts at £675m, or $860m

Salmonid
New plant, new brand, new leadership: Inside Acme’s 2024 plans

By Jan. 31, 2024 3:37 PM

Adam Caslow, co-owner of the US' largest salmon smoker, told Undercurrent the firm has reached a scale where he and his brother will be working on the business rather than in it

North America
Norwegian salmon farmers seen as strong bidders in Milarex sale process

By Dec. 20, 2023 10:39 AM

Sources said that Norway's Cermaq, Leroy, and SalMar had made bids for Milarex and are all still involved in the sale process, in addition to would-be investors from North America

Atlantic salmon
Acme rolls out smoked yellowfin tuna, ‘two lox in a box’ products

Dec. 4, 2023 5:47 PM

The company reports that its yellowfin tuna product, which is sold in a three-ounce package, is the first branded cold-smoked tuna product on the market

Products
Thai Union-owned French processor launches smoked salmon appetizer

Oct. 31, 2023 10:17 AM

French smoker and processor Meralliance, part of the Thai Union group since 2014, is launching a new smoked salmon 'gourmet bites' appetizer

North America
Summa picks DNB Markets to sell Milarex; salmon tax, US plant plan likely to drive ‘broad’ interest

By Sept. 18, 2023 9:54 AM

Summa Equity has selected Norway's DNB Markets to run a sale process for €400m-plus salmon processor Milarex, which has plans to build a large processing plant in the US

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