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Saturday, October 4, 2014
Marine Harvest drops bid for Cermaq
October 4, 2014 Marine Harvest drops bid for Cermaq Norwegian fish-farming giant Marine Harvest will not bid for Cermaq after Mitsubishi Corp. offered $1.4 billion for the firm, chairman Ole-Eirik Leroey said today. Japan's Mitsubishi Corp. ...
Wednesday, September 24, 2014
Mitsubishi bids US$1.4 billion for Cermaq
September 24, 2014 Mitsubishi bids US$1.4 billion for Cermaq Mitsubishi has offered US$1.4 billion for Norwegian fish farmer Cermaq to claim a larger share of the salmon market for the group as it targets consumers' increasingly health-cons ...
Thursday, May 1, 2014
Strong prices lift Cermaq's Q1 2014 earnings
May 1, 2014 Strong prices lift Cermaq's Q1 2014 earnings     Strong prices led to improved earnings of Cermaq in all regions and all-time high earnings before interests and taxes (EBIT) in Norway. EBIT pre fair value was NOK325 million (US$ ...
Thursday, May 1, 2014
AKVA Group to deliver EcoNets for Cermaq's salmon farm
May 1, 2014 AKVA Group to deliver EcoNets for Cermaq's salmon farm     A contract worth NOK14.5 million (US$2.4 million) has been signed between Cermaq Norway and AKVA group for delivery of Polarcirkel EcoNets and plastic cages for a comple ...
Wednesday, February 12, 2014
Cermaq posts strong profit growth in Q4 2013
February 12, 2014 Cermaq posts strong profit growth in Q4 2013 In fourth quarter 2013, Cermaq's pro forma earnings before interests and taxes (EBIT) pre fair value and non-recurring items was NOK214 million (US$35 million) versus a loss of ...
Friday, January 10, 2014
Cermaq targets second place in global salmon industry
January 10, 2014 Cermaq targets second place in global salmon industry     Cermaq, which now ranks as the world's third largest salmon producer in volume, emphasises its aim to get the second spot occupied by Leroy Seafood Group, as Marine ...
Wednesday, November 27, 2013
Cermaq may cut Chile's Atlantic cost by 18% in 2015
November 27, 2013 Cermaq may cut Chile's Atlantic cost by 18% in 2015   Cermaq, which has more than 50% of its production in Chile, aims to reduce the production cost for Atlantics by 18% in 2015 through comprehensive actions to improve the ...
Friday, November 22, 2013
Cermaq establishes new management team
November 22, 2013 Cermaq establishes new management team     Aquaculture company, Cermaq, has established a new corporate management team which will closely integrate operational units and corporate staff functions together, following the s ...
Tuesday, November 19, 2013
Cermaq's fish farming division, Mainstream renamed Cermaq
November 19, 2013 Cermaq's fish farming division, Mainstream renamed Cermaq Following the sale of its feed division, EWOS on 31 October, Cermaq is now a dedicated fish farming company and all parts of its operation, including the local farm ...
Wednesday, November 13, 2013
Cermaq reports a rise in Q3 2013 earnings
November 13, 2013 Cermaq reports a rise in Q3 2013 earnings     In the third quarter of 2013, Cermaq's pro forma earnings before interests and taxes (EBIT) pre fair value was NOK113 million (US$18.3 million) versus a loss of NOK97 million ( ...
Wednesday, August 28, 2013
Cermaq's Q2 2013 earnings soar to US$38 million
August 28, 2013 Cermaq's Q2 2013 earnings soar to US$38 million Press release In the second quarter of 2013, Cermaq reported its earnings before interest and taxes (EBIT) pre fair value of NOK229 million (US$38 million) compared to NOK60 mi ...
Friday, July 19, 2013
Cermaq enters purchase agreement with Altor, Bain Capital on sale of EWOS
July 19, 2013 Cermaq enters purchase agreement with Altor, Bain Capital on sale of EWOS Press release Cermaq has entered into a definitive share purchase agreement with Altor Fund III GP Limited and Bain Capital Europe, LLP regarding the sa ...
Tuesday, June 25, 2013
China Fishery to buy Cermaq's share in Copeinca
June 25, 2013 China Fishery to buy Cermaq's share in Copeinca Norwegian fish-feed maker Cermaq has agreed to sell its shares in Peruvian fishmeal company Copeinca to China Fishery Group. Cermaq said China Fishery Group has entered into a pr ...
Wednesday, May 29, 2013
Cermaq divests Denofa to consolidate core business in aquaculture
May 29, 2013 Cermaq divests Denofa to consolidate core business in aquaculture   Press release     Cermaq's subsidiary Norgrain AS, which Cermaq holds 72.5% shares, has declared its option to sell 49% of the shares in Denofa AS to the Brazi ...
Monday, May 6, 2013
Marine Harvest to offer NOK 9.7 billion (US$1.7 billion) to acquire Cermaq
May 6, 2013 Marine Harvest to offer NOK 9.7 billion (US$1.7 billion) to acquire Cermaq Norway-based seafood company Marine Harvest ASA announced today its intention to buy rival Cermaq on condition that Cermaq drops its bid to acquire Peruv ...

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