Mowi gets EC approval for controlling stake in salmon peer Nova Sea
Norwegian seafood major Mowi has said its bid for an increased stake in Nova Sea has been approved by the…
Mowi
-
-
Mowi’s additional stake in Nova Sea attracts EU scrutiny
Mowi’s acquisition of a majority share in seafood peer Nova Sea has been put under scrutiny by the European Commission.…
-
Mowi raises 2025 output forecast despite decline in Q2 earnings
Norwegian salmon farming giant Mowi has raised its output forecast for 2025, even as it reported a decline in second-quarter…
-
Norwegian seafood group Mowi takes control of peer Nova Sea
Norwegian salmon farming major Mowi is to acquire Vigner Olaisen’s 46% stake in local peer Nova Sea for Nkr7.4bn ($655m),…
-
Tussling over targets: corporates’ ESG changes spark debate
Before Christmas, The Coca‑Cola Company announced updated voluntary environmental goals “with the aim of delivering on the company’s purpose to…
-
Mowi fleshes out cost-savings targets in pursuit of 7-8% growth
Salmon farmer and processor Mowi is seeking to realise up to €400m ($446.3m) in cost savings over the next five…
-
Norwegian salmon giants facing UK price-fixing claim
Atlantic salmon industry heavyweights are facing a legal claim in the UK suggesting they engaged in cartel activities and artificially…
-
UK retailers sue Atlantic salmon farming groups over alleged cartel
Seven UK supermarkets have filed for compensation over a supposed cartel in the Atlantic farmed salmon sector. Aldi, Asda, Morrisons,…
-
Norway’s salmon farmers did breach anti-trust rules, says EU
Preliminary findings from a European Commission (EC) inquiry have found that major Norwegian seafood businesses breached EU anti-trust rules. The…
-
Seafood group Mowi to close Scotland plant
Seafood giant Mowi has drawn up plans to close a fish processing plant in Scotland. The facility in Dingwall in…