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SalmonBusiness A focused online news service covering the salmon market.

Salmon dominates UK chilled seafood with a 48% share : Salmon has cemented its position as the UK’s most popular fish, w...
25/12/2024

Salmon dominates UK chilled seafood with a 48% share : Salmon has cemented its position as the UK’s most popular fish, with sales rising by 9.1 per cent in the year to June 2024, according to the latest industry data. Total sales reached £1.2 billion, accounting for 28 per cent of all fish purchased in the UK and outpacing the broader fish market’s 4.8 per cent growth.
https://www.salmonbusiness.com/salmon-dominates-uk-chilled-seafood-with-a-48-share

Kaldvik to acquire key supply chain assets in $16.72 million deal : Icelandic salmon farmer Kaldvik announces deal to ac...
24/12/2024

Kaldvik to acquire key supply chain assets in $16.72 million deal : Icelandic salmon farmer Kaldvik announces deal to acquire key supply chain assets. Icelandic salmon farming company Kaldvik has signed a non-binding letter of intent to acquire three key assets in its supply chain on Iceland's east coast, aiming to enhance operational efficiency and strengthen its position in the industry.
https://www.salmonbusiness.com/kaldvik-to-acquire-key-supply-chain-assets-in-16-72-million-deal

Don Staniford and Bakkafrost Scotland reach temporary agreement ahead of court date : A scheduled court hearing for Bakk...
24/12/2024

Don Staniford and Bakkafrost Scotland reach temporary agreement ahead of court date : A scheduled court hearing for Bakkafrost Scotland’s application for an interim interdict (injunction) against anti-salmon farming activist Don Staniford has been cancelled after the two parties reached a temporary agreement. Staniford has agreed to refrain from accessing Bakkafrost Scotland’s marine sites until the matter is resolved, negating the need for the hearing, which was set for December 23.
https://www.salmonbusiness.com/don-staniford-and-bakkafrost-scotland-reach-temporary-agreement-ahead-of-court-date

Endúr snaps up VAQ for $10 million from Broodstock Capital : Endúr has announced an agreement to acquire 100 percent of ...
23/12/2024

Endúr snaps up VAQ for $10 million from Broodstock Capital : Endúr has announced an agreement to acquire 100 percent of the shares in VAQ AS, a leading supplier of recirculating aquaculture system (RAS) technology, from majority owner Broodstock Capital and several employee minority shareholders. The transaction is expected to significantly enhance Endúr’s capabilities within the land-based aquaculture sector, which is poised for substantial growth in the coming years.
https://www.salmonbusiness.com/endur-snaps-up-vaq-for-10-million-from-broodstock-capital

Christmas week salmon prices skyrocket – what’s driving the surge? : Three public holidays and a short workweek have cau...
21/12/2024

Christmas week salmon prices skyrocket – what’s driving the surge? : Three public holidays and a short workweek have caused a dramatic surge in salmon prices.

“It’s busy,” began one trader. “We haven’t started buying yet, but I’m hearing NOK 87 ($7.66/€7.31) for 3-4 kg, NOK 93 ($8.18/€7.81) for 4-5 kg, and NOK 110 ($9.68/€9.24) for 5-6 kg. For 6+ kg, it depends on how much you have, but I’d estimate NOK 140 ($12.32/€11.76).
https://www.salmonbusiness.com/christmas-week-salmon-prices-skyrocket-whats-driving-the-surge

Power struggles: Why Norway’s seafood sector can’t quit diesel : Norwegian seafood industry faces unattainable climate g...
20/12/2024

Power struggles: Why Norway’s seafood sector can’t quit diesel : Norwegian seafood industry faces unattainable climate goals without major overhaul, report finds. The Norwegian seafood sector will be unable to meet its 2040 climate goals due to inadequate infrastructure for transitioning from fossil fuels to renewable energy, according to a report by research institute Sintef.
https://www.salmonbusiness.com/power-struggles-why-norways-seafood-sector-cant-quit-diesel

SalMar owner makes $800,000 donation to campaign calling for tax policy overhaul : SalMar founder contributes NOK 8.75 m...
20/12/2024

SalMar owner makes $800,000 donation to campaign calling for tax policy overhaul : SalMar founder contributes NOK 8.75 million ($800,000) to Campaign for Government Change

Gustav Witzøe, founder of SalMar and head of Kvarv AS, has contributed NOK 8.75 million ($800,000) to a campaign advocating for a change in government at next year’s election. The donation was disclosed on the group’s website, which has raised a total of NOK 19 million ($1.72 million) to support non-socialist political parties.
https://www.salmonbusiness.com/salmar-owner-makes-800000-donation-to-campaign-calling-for-tax-policy-overhaul

Challenge complete: SalmonBusiness hits 15,000 follower milestone : SalmonBusiness, the only dedicated English-language ...
19/12/2024

Challenge complete: SalmonBusiness hits 15,000 follower milestone : SalmonBusiness, the only dedicated English-language news platform for the global salmon industry, has achieved a major milestone by reaching 15,000 followers on LinkedIn. This landmark cements the publication’s position as a trusted and essential resource for professionals across the aquaculture sector.
https://www.salmonbusiness.com/challenge-complete-salmonbusiness-hits-15000-follower-milestone

Caught! Ex-MP tried to stash illegal frozen wild salmon in garden amid fishing scandal : Former Norwegian politician con...
19/12/2024

Caught! Ex-MP tried to stash illegal frozen wild salmon in garden amid fishing scandal : Former Norwegian politician convicted for illegal salmon fishing. Magnus Stangeland, an 83-year-old former Norwegian parliamentarian and prominent business leader, has been sentenced to 18 days of suspended prison time and fined NOK 20,000 ($1,800/€1,700) for illegal salmon fishing, according to broadcaster NRK.
https://www.salmonbusiness.com/caught-ex-mp-tried-to-stash-illegal-frozen-wild-salmon-in-garden-amid-fishing-scandal

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