Grieg Seafood Moves Toward 2025 Harvest Goals with Grieg Newfoundland Acquisition
Grieg Seafood ASA signed share purchase agreements (SPA) for the acquisition of Grieg Newfoundland AS, the company announced on February 7.
The Newfoundland project features exclusivity for salmon farming in Placentia Bay, a location with a farmable area larger than the Faroe Islands.
Currently, the project is comprised of 11 sea sites. A trio of licenses has already been approved and three more are expected to be approved this year. The remaining licenses are at different stages of the applications. The project will also include a Recirculating Aquaculture...
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