Solvtrans execs team up with fund to acquire salmon, trout wellboat group in $100m deal
CEO and chairman, who control 42% of Solvtrans, team up with Oaktree Capital Management to take over wellboat operator in cash deal valuing group at $100m
Blumar to Invermar: Sanitary rules must be respected in full
Blumar Seafoods recently charged against the decision made by Invermar of filing a claim to stop the authorities from enforcing an early harvest of fish at its Traiguen I center due to health concerns
Aquachile sales to US up by 230% in Q1, but Asia top market
Asia continued being the top export market for the Chilean company, although sales to the US rose 230%, and sales to Latin America doubled, while Atlantic salmon sales doubled
Salmon prices squeeze Norlax’s margins in 2013
Danish salmon smoker's revenues stayed strong, but the profit fell 68% and the margin dropped to 7.5% as a result of high raw material prices and currency swings
Aquachile closes first quarter of 2014 with $11m profit
In terms of volume, salmon and sea trout harvests for 2014 reached 37,000 metric tons whole fish equivalent (WFE) and 6,000t WFE for tilapia
Solvtrans unveils healthy Q1; shares suspended ahead of announcement
Stock exchange suspends shares in anticipation of announcement, after salmon and trout wellboat operator reports solid first quarter
Leroy to expand smokehouse to 12,000t capacity
Already Norway's largest salmon and trout smokehouse, the plant outside Bergen will be expanded this summer to take in 12,000 metric tons of raw material
Meralliance still looking upstream after losing out on Morpol UK farms
€160m-turnover smoker placed a bid for UK salmon farms and aims to negotiate prices with farmer and buyer together, as part of new strategy to prevent getting squeezed by salmon price cycles
Multiexport’s Atlantic salmon sales to US up 27% in Q1, trout sales to Asia drop
Higher sales in the US market were driven by the increase in international prices, despite a fall of Atlantic salmon sales volumes
Suempol France wants differentiation in labeling of smoked salmon salting
Now called Suempol France, French smoker Marcel Baey confirmed it is looking to enter the retail market for the first time, and said it's pushing for differentiation in the labeling of different salting methods