fbpx
Monday, March 20, 2023
HomeBusinessMarine Harvest buys factory from Faroese salmon kings to boost operation in...

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, 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.

RELATED ARTICLES

Most Recent

?
This website collects data via Google Analytics. Click here to opt in. Click here to opt out.
×