Mowi to Acquire Torghatten Aqua’s Seawater Salmon Assets in Northern Norway
Mowi has embarked on a strategic expansion by entering into a Transaction Agreement to acquire the entirety of Torghatten Aqua AS's salmon farming seawater business situated in production area 8 in Northern Norway. This business currently focuses on leasing salmon licenses and seawater sites, contributing to educational activities and offering consulting for land-based salmon farming.
Under this agreement, Mowi will obtain a total of 3.37 licenses, encompassing a maximum allowed biomass of 2,628 tonnes. The portfolio includes 1.37 commercial licenses, 1 exhibition license...
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