Deals
Marine Harvest Seeks Rare Buy Opportunities After Grieg Exit
- Grieg Seafood’s largest shareholder didn’t want to sell stake
- Industry needs consolidation to meet growing demand for salmon
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Marine Harvest ASA, the world’s biggest salmon producer, is looking for growth in a market that’s reluctant to part with the valuable fish.
The Bergen, Norway-based fish farmer remains on the lookout for chances to consolidate the industry after it offloaded a stake in Grieg Seafood ASA that it was unable to convert into a takeover, according to Marine Harvest’s Chief Executive Officer Alf-Helge Aarskog.