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Bakkafrost swallowing last morsel of Scottish Salmon

Bakkafrost swallowing last morsel of Scottish Salmon

Faroese salmon farmer Bakkafrost today announced that it had initiated a compulsory acquisition of the shares in the Scottish Salmon Company PLC that it doesn’t already own.

SSC signs £100m credit deal

SSC signs £100m credit deal

The Scottish Salmon Company Ltd has secured a £100 million five-year revolving credit facility with Coöperatieve Rabobank U.A, DNB (UK) Limited and Nordea Bank ABPm (Norway).

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Scottish Salmon Company harvested 33,800 tonnes in 2019

Scottish Salmon Company harvested 33,800 tonnes in 2019

The Scottish Salmon Company produced 33,800 tonnes of fish (head on gutted) last year, according to a trading update.

Anderson leaves Scottish Salmon Co as Bakkafrost feed boss takes over

Anderson leaves Scottish Salmon Co as Bakkafrost feed boss takes over

Craig Anderson is to leave his job as chief executive of The Scottish Salmon Company following its purchase by Faroese salmon farmer, Bakkafrost, it was announced today.

Bakkafrost postpones SSC share settlement to include latecomers

Bakkafrost postpones SSC share settlement to include latecomers

Scottish Salmon Company majority owner Bakkafrost has postponed the payment date for SSC shares acquired as a result of its mandatory offer.

Bakkafrost takes Scottish Salmon Co stake up to 95.6%

Bakkafrost takes Scottish Salmon Co stake up to 95.6%

The Scottish Salmon Company’s majority owner, Bakkafrost, has increased its stake in the firm to 95.6% from 80.77% following a mandatory offer for the shares still owned by other individuals and organisations.

Bakkafrost signs €352m credit deals

Bakkafrost signs €352m credit deals

The Scottish Salmon Company’s new owner, Bakkafrost, today announced that it had signed agreements for two fully secured five-year credit facilities together worth €352 million.

SSC chief accepts Bakkafrost offer for shares

SSC chief accepts Bakkafrost offer for shares

Scottish Salmon Company chief executive Craig Anderson has agreed to sell his shares in its Jersey-based holding company, The Scottish Salmon Company plc, to majority owner Bakkafrost.

Salmon boss Anderson to make £1m-plus from share sale to Bakkafrost

Salmon boss Anderson to make £1m-plus from share sale to Bakkafrost

The directors of The Scottish Salmon Company PLC (SSC) have recommended that people who still own shares in the company sell their stakes to majority owner Bakkafrost.

New chair and board due for Scottish Salmon Company

New chair and board due for Scottish Salmon Company

The Scottish Salmon Company PLC will get a new chairman and directors at an extraordinary general meeting on December 9 following the purchase of more than 80% of the firm’s shares by Faroese salmon farmer Bakkafrost.

Bakkafrost makes offer for remaining SSC shares

Bakkafrost makes offer for remaining SSC shares

The Scottish Salmon Company’s new majority owner, Bakkafrost, has announced a mandatory offer the 19.23% of the company that it doesn’t already own.

Bakkafrost reaches for last portion of Scottish Salmon

Bakkafrost reaches for last portion of Scottish Salmon

The Scottish Salmon Company’s new majority owner, Bakkafrost, expects to make a mandatory offer for the shares of other investors by the end of this week.

Bakkafrost harvests big fish as it keeps lice levels low

Bakkafrost harvests big fish as it keeps lice levels low

The Scottish Salmon Company’s new owner, Bakkafrost, has reported high growth rates and some of the lowest sea lice and mortality in many years at its farms in the Faroe Islands.

Bakkafrost issues shares to settle remaining SSC debt

Bakkafrost issues shares to settle remaining SSC debt

Shareholders in Faroese salmon farmer Bakkafrost have approved the issue a second tranche of new shares to finance the firm’s takeover of the Scottish Salmon Company.

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