Leroy Seafood Group announced on Wednesday it purchased 39.74 percent of the shares in Villa Organic at an average price of NOK 2.85 (USD 0.49, EUR 0.38) per share.
In the wake of the Easter holiday, prices are predictably leveling off, but the farmed salmon market remains volatile because of supply problems from both Chile and Europe.
A slowdown in luxury spending as well as imports facilitated by a free trade pact with southeast Asia have squeezed China’s grouper fish cultivators cultivators.
A boost in exports to the European Union led to a record export value of Norwegian salmon in the first quarter of 2013, according to the Norwegian Seafood Council.
The Nature Conservancy (TNC), Arlington, Va., Walmart Brazil, Brazil’s Marfrig Group and ranchers joined forces to spread social and environmental best practices in cattle production activities in the Brazilian Amazon Region.
Vietnamese seafood exports for the first quarter of 2013 were down 7.5 to eight percent at $1.2 billion, and the decline accelerated in March to 17-18% at about $447-450 million.
China's pork prices, which weigh heavily in inflation calculations, registered a sharp decline in March, putting downward pressure on the country's inflation while leading to widespread industry losses.
Cermaq ASA has secured its future control of more than 50 per cent of the shares in Copeinca through agreements with Copeinca ASA and Major Shareholders of the company.
Dias Aquaculture, one of the three largest groups in the Mediterranean aquaculture industry, has announced its merger with Selonda. Both Greek companies farm sea bass and sea bream.
China Fishery Group is still trying to figure out how to react to a move by Oslo, Norway-listed Cermaq’s purchase of a controlling interest in Copeinca’s shares.
The Chinese government has started to purchase frozen pork and add it to reserves to stabilize prices, which have slumped for three months, the country's top economic planning agency said Sunday.
