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TheFishSite Latest News
2006年 3月 5日 星期日
Print This Page Fish Farm Jobs Fear After ?800m Deal
NORWAY - Fears have been raised over job losses in the fish-farming industry, with the planned merger of two major salmon producers.The way has been cleared for the formation of a super conglomerate that would have almost complete control of fish farming from Argyll to the north Highland coast and in the Western Isles.
Marine Harvest has been taken over by Geveran Trading, an investment fund that is part of Greenwich Holding, a company indirectly controlled by the billionaire John Fredriksen, Norway's richest man.
Geveran bought 75 per cent of Marine Harvest's shares from Nutreco Holding and the remaining 25 per cent from Stolt-Nielsen in an ?805 million deal. The Greenwich group also holds a controlling stake in the Norwegian aquaculture company Pan Fish and a 25 per cent stake in Fjord Seafood.
Pan Fish and Marine Harvest already own most of the fish- farming sites on the west coast, and Marine Harvest and Fjord Seafood are the major players in the Western Isles.
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Source: The Scotsman
