NTS Q4 revenue hits $290m after acquisitions, but margins down
The farming and aquaculture service vessel group reported quarterly earnings of NOK 479m, up 178% year-on-year
Tunacor subsidiary Namsov opens $20m solar-powered processing plant
Namibia-based Namsov has built the country's first solar-powered horse mackerel processing plant at Walvis Bay
UK sustainability group acquires fishery consultancy firm
RSK group has acquired Devon-UK-based Fishtek, which designs fish and eel passes as well as providing fisheries consultancy both in the UK and abroad
Iceland the focus of NRS’ planned $88m capex spend for 2022
NRS expects to phase out its use of triploid salmon, release the first big smolt from its new facility, and open a new Icelandic processing facility this year
Nomad prepared for fish supply chain disruption as Ukraine invasion loomed
'We have some exposure. What we’re hearing so far along with anybody else is that the measures are more of a financial nature' -- Nomad Foods CEO Sefan Descheemaeker
Eastern Fish’s hire of Heath England is latest in string of exits from The Fishin’ Co
Heath England left The Fishin' Company in November, joining chief financial officer Kevin Wisel and president Ryan Grace as recent departures
Bakkafrost shares drop 9% on Q4’s salmon deaths
But Fearnley Securities believes the market has overreacted and has upgraded Bakkafrost to a 'buy', adding that the Russian market should remain solid for the Faroese firm
Swedish seaweed farmer raises over $2m for growth
Swedish foodtech company Nordic SeaFarm has raised SEK 20 million in its aim to become Europe's largest seaweed company in the next five years
Food processing equipment maker Baader closes acquisition of Skaginn 3X
The deal between the two companies was first announced in October 2020
PE firm with Russian links puts US lobster, scallop processor up for sale
A US-based PE firm, whose Russia-born founders have past links to an energy billionaire, is looking to divest a major lobster and scallop processor, sources told Undercurrent News
