Business

Marine Harvest buys factory from Faroese salmon kings to boost operation in the North Atlantic

Salmon production behemoth, Marine Harvest, has gained ownership of Bakkafrost’s Strendur plant, which has become “surplus to requirements” following the construction of the two-year-old, larger Glyvrar plant.

Salmon production behemoth, Marine Harvest, has gained ownership of Bakkafrost’s Strendur plant, which has become “surplus to requirements” following the construction of the two-year-old, larger Glyvrar plant, writes Salmonbusiness.com.

Marine Harvest has been sending its produce to Bakkafrost for processing but according to the director of Marine Harvest Faroe Islands operation, Hans Jákup Mikkelsen, the purchase will allow “better control” of production.

The companies did not disclose the value of the deal.

In the first quarter of this year, Marine Harvest slaughtered 1,000 tonnes of salmon on the Faroe Islands, adds Salmonbusiness.com.

Most Popular

Local.fo

Local.fo is the only English-language newspaper in the Faroe Islands reporting Faroese news exclusively.

The Local.fo website was launched in January 2018 and the printed edition was first published in June 2018.

Advertise with us

Local.fo, via its printed edition and this website, reaches over 40,000 readers every month.

We are happy to offer you competitive prices on a variety of print and online advertising options.

Click here for more information.

Contact us

Address
Grønlandsvegur 38 – Tórshavn, FO-100 – Faroe Islands

Editor-in-chief: 
Jens Hákun Leo – [email protected]

Press releases/news tips:
[email protected]

© Local.fo | Grønlandsvegur 38 | FO-100 Tórshavn | Faroe Islands

To Top