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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.

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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.

Bakkafrost settles £337m bill for Scottish Salmon Company

Bakkafrost settles £337m bill for Scottish Salmon Company

Faroese salmon farmer Bakkafrost today announced that it had completed the acquisition of 133,125,109 shares in the Scottish Salmon Company from Northern Link.

Bakkafrost harvests 12,900 tonnes in Q3

Bakkafrost harvests 12,900 tonnes in Q3

Faroese salmon farmer Bakkafrost harvested 12,900 tonnes (head on gutted equivalent) of fish in the third quarter of this year, it said in a trading update today.

Award for salmon farmer’s fish-waste-to-power plant

Award for salmon farmer’s fish-waste-to-power plant

A waste-to-power scheme by the Scottish Salmon Company’s new owner, Bakkafrost, has been named Business Initiative 2019 in the Faroe Islands.

Bakkafrost increases Scottish Salmon Company stake to 78%

Bakkafrost increases Scottish Salmon Company stake to 78%

The Scottish Salmon Company’s new majority owner, Bakkafrost, today increased its holding by acquiring nearly 17.5 million extra shares in the firm, it has announced.

Bakkafrost boss makes bigger smolts priority for Scottish Salmon Company

Bakkafrost boss makes bigger smolts priority for Scottish Salmon Company

Bakkafrost is to make stronger, larger smolts a priority for the Scottish Salmon Company after announcing a deal to buy the producer yesterday and intends to build a new facility to grow them.

Bakkafrost agrees to buy Scottish Salmon Company

Bakkafrost agrees to buy Scottish Salmon Company

The Faroe Islands’ biggest salmon farmer, Bakkafrost, has signed a binding agreement for the acquisition of 68.6% of the Scottish Salmon Company Plc, it said in an Oslo stock exchange announcement today. It follows a strategic review initiated by SSC with a view to selling the company.

Mowi named most sustainable protein producer

Mowi named most sustainable protein producer

Mowi has topped a list that ranks the world’s 60 largest meat, dairy and fish producers for sustainability, with five other salmon farmers also in the top 10.

Bakkafrost harvests 12,600 tonnes in Q2

Bakkafrost harvests 12,600 tonnes in Q2

Faroese salmon farmer Bakkafrost harvested 12,600 tonnes in the second quarter of this year, slightly less than the 12,900 tonnes harvested in the same period last year.

Bigger harvest compensates Bakkafrost for lower prices

Bigger harvest compensates Bakkafrost for lower prices

The Faroes’ biggest salmon farmer, Bakkafrost, made an operational EBIT of DKK 268 million (£30.7m) in the first quarter of this year – exactly the same as in Q1 2018.

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