Salmon Survival Rates Boost Domestic Sales
Trade body Salmon Scotland has reported a notable increase in overall salmon farm survival rates, rising by an impressive 10% year-on-year. This enhancement has led...
Tag : Salmon
Cermaq Acquires Three Salmon Plants from Norwegian Competitor Grieg Seafood
Cermaq has announced plans to acquire three salmon processing facilities from Norwegian peer Grieg Seafood for Nkr10.2bn ($988.6m). The acquisition includes a facility in Finnmark,...
FDA Approves Wildtype’s Lab-Grown Salmon for Sale
The US Food and Drug Administration (FDA) has granted cell-based seafood company Wildtype the approval to market its products, marking a significant milestone for the...
UK Chocolate and Salmon Set for Reduced Tariffs in India Trade Agreement
India and the UK have finalized a significant trade deal, which reduces tariffs on essential food items like chocolates, biscuits, and salmon. According to the...
SalMar Acquires Salmon Farming Company Wilsgård Complete Acquisition
Salmon producer SalMar has finalized a deal to acquire the remaining shares in Wilsgård. This merger values the Norwegian aquaculture company at NKr1.76bn ($168.8m). Already...
New CEO Faces Challenging Task of Revamping Unilever
Since taking on the role of CEO in the summer of 2023, Schumacher has aggressively pursued a turnaround strategy that involves divesting non-core assets, including...
£120 Million Salmon Farm Project Under Legal Challenge
On February 12, legal representatives from the NGO Animal Equality UK and North East Lincolnshire Council presented their respective arguments to Judge Karen Ridge at...
Sainsbury’s Plans to Reduce Workforce by 3,000 Positions
Sainsbury’s has proposed the closure of all remaining patisserie, hot food, and pizza counters, in addition to its 61 Sainsbury’s Cafés. While the café closures...
Salmon Excels Amid Decline in UK Food and Drink Exports Due to Alcohol Slump
A decline in whisky shipments has negatively impacted the UK’s food and drink exports during the first nine months of the year, according to industry...
Trident’s Alaska Salmon Plant Acquired by Silver Bay Seafoods
Silver Bay Seafoods, a US-based company, has recently made a strategic acquisition by purchasing an Alaskan processing facility from local peer Trident Seafoods. The plant,...