Japan's Nissui Corporation, the world's second-largest seafood company, has a JPY 25bn, or $180m, war chest for foreign M&A as it seeks to hit JPY 1 trillion in sales by 2030 Continue reading
Tag Archives: Companies
Mowi guides for 484,000t salmon in 2023 after record year
Its 2023 forecast now includes 15,000t from Iceland -- 4,500t in Q1 -- after the takeover of Arctic Fish Continue reading
Chinese listed seafood companies more positive as profits recover
The majority of publicly listed Chinese seafood and aquafeed companies believe they turned a profit in 2022 despite the country's strict COVID-19 protocols Continue reading
Deloitte seeking investors to rehabilitate Singapore land-based aquaculture startup
Apollo Aquaculture Group has been under 'judicial management' for the best part of a year, and has now stopped taking juveniles in order to be ready for fresh ownership Continue reading
Rodger May: Coho RAS farm investment about ‘doing the right thing’
'We're going to push the ball forward on RAS and keep making it more viable than it was the previous year. Each year we are going to learn something new' Continue reading
Mitsubishi goes wide in Princes sale; Bolton, Dongwon seen as possible seafood bidders
The sale of Mitsubishi's Princes is likely to attract interest from global investment players, with Bolton and Dongwon seen as the most likely would-be buyers from the seafood sector Continue reading
Lund’s new $2m freezer tunnel just another step to growing scallop presence
'Every decision we make is long term and with the longevity of the business in mind' -- Wayne Reichle, president and co-owner of Lund's Fisheries Continue reading
UK’s largest seafood player sees turnover, profits jump amid post-COVID rebound
UK-based whitefish and pelagic supplier Andrew Marr International reported a 24% bump in turnover and a 19% rise in profits for the year ended March 31, 2022 Continue reading
Finland’s largest trout farmer goes downstream with acquisition of smokery
Finland's largest trout farmer has acquired Scandinavia's largest fish smokery Kalaneuvos Group in a deal that will lift the former's revenues to €160m Continue reading
NZ’s Sealord pushes through higher prices as 2022 profit dives 92%
New Zealand's Sealord is pushing through higher prices to deal with the inflation that saw its pre-tax profit dive 92% to NZD 3.63m in the 12 months to Sept. 30 Continue reading
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