Morpol ASA( Public, OSL:MORPOL) is a Norway-based company involved in the processing of salmon. It is involved in purchasing, processing, packaging, sales and distribution of smoked, marinated, fresh and frozen salmon and other fish products. The Company specializes in smoked salmon and marinated salmon. Its product range mainly comprises cold and hot smoked salmon from Atlantic salmon farmed in Norway and Scotland, organic Atlantic salmon from Ireland, and wild sockeye salmon, Marine Stewardship Certified (MSC)-certified, from the Pacific coast of Alaska. Morpol offers branded and private label seafood products for retail, as well as fresh or frozen products for food service. It is present in Europe, the United States and Asia. It holds a 99.94% stake in a Polish joint stock company Morpol SA, which further owns eight subsidiaries.
Oslo, 13 January 2011: Morpol ASA ("Morpol") has entered an agreement to buy 100% of the shares in Jøkelfjord Laks AS. The agreement values the company at an enterprise value of NOK 490 million.
Bergen, 17 December 2012: The Board of Directors of Marine Harvest has entered into an agreement with Friendmall Ltd. and Bazmonta Holding Ltd. to acquire 48.5% of the shares in Morpol ASA for NOK 11.50 per share. Marine Harvest intends to submit a mandatory offer for the remaining shares in Morpol.
Bergen,1 October 2013: The EU Commission has approved the Morpol transaction. This is an important step towards our goal of becoming a fully integrated protein company.-Marine Harvest is very pleased to announce that Morpol now will become part of the Marine Harvest Group, says CEO of Marine Harvest
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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