Norwegian seafood processor Austevoll Seafood announced yesterday (4 September) that it had acquired smolt producer Eidane Smolt AS through its subsidiary Veststar AS.

Eidane is a modern smolt plant with a license to produce 1.5m of seaworthy smolt. The acquisition will meet Veststar’s requirements for quality smolt for its salmon fleet.

The purchase price is NOK24m (US$3.79m).