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Merged Marine Harvest and Cermaq would have 20pc of salmon concessions

CHILE
Friday, May 24, 2013, 23:50 (GMT + 9)

If the merger between the Norwegian salmon firms Marine Harvest ASA and Cermaq ASA takes place, the combined company would concentrate 20 per cent of the Chilean salmon concessions, representing 243 of a total of more than 1,200 in the country. The agreement between the two huge firms from Norway could be reviewed by the National Economic Prosecutor of Chile because of the fact that not only would it have impact abroad, but it would also have implications for the Chilean market. A new door opened for Marine Harvest plans after Cermaq’s shareholders failed to gather enough votes to move forward with the proposal to buy the Peruvian fishing firm Copeinca. Marine Harvest had offered to pay USD 1,700 million to buy its Norwegian rival firm. According to an analyst consulted by the newspaper La Tercera, there is a new scenario for the merging operation to be performed... FULL STORY

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Fresh salmon export volumes for week 20 are down 85 tonnes compared to week 19 and down 293 tonnes compared to... FULL STORY
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MSC sells 20,000 certified products
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Western tuna salad bearing the Marine Stewardship Council (MSC) ecolabel is now available in most Migros store... FULL STORY
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Norway
Cermaq supports value creating solutions
May 24, 23:40
Cermaq ASA intends to support Copeinca's Board of Directors in their attemtp to find value creating solutions for the company's shareholders. To ach... FULL STORY

New Zealand
Sanford's H1 profit rises by 5.5pc
May 24, 23:30
Sanford has for the first time achieved year-round harvesting of salmon, which is helping boost volumes of salmon sold in the domestic market. And the... FULL STORY

Chile
Mussel species origin intended to be identified and determined
May 24, 23:20
A researcher at the School of Chemical and Pharmaceutical Sciences of the University of Chile will work on a new project to identify species of mussel... FULL STORY
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