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Thursday, July 24, 2014
Marine Harvest fined by EU commission over Morpol acquisition
July 24, 2014 Marine Harvest fined by EU commission over Morpol acquisition The EU Commission has decided to impose a EUR 20 milllion (US$26.95 million) fine on the world's largest salmon farmer, Marine Harvest for an alleged breach of the ...
Friday, November 8, 2013
Marine Harvest acquires over 90% of Morpol's shares
November 8, 2013 Marine Harvest acquires over 90% of Morpol's shares Marine Harvest ASA had acquired more than 90% of the shares in Morpol ASA and that Marine Harvest would purchase all additional shares offered to it in the period up to No ...
Thursday, October 24, 2013
Marine Harvest holds majority shares in Morpol
October 24, 2013 Marine Harvest holds majority shares in Morpol     After purchasing 7,734,185 shares in Morpol ASA from Skagen Vekst at a price of NOK11.85/share (US$2), Marine Harvest now holds 154,060,010 shares in Morpol, representing 9 ...
Thursday, October 24, 2013
Morpol appoints new CEO and COO
October 24, 2013 Morpol appoints new CEO and COO Salmon processor company, Morpol ASA, has appointed Adam Basalaj as its new CEO. Possessing strong managerial experiences from the food industry, Basalaj was previously the managing director ...
Thursday, October 24, 2013
Morpol reports revenue growth in Q3 2013
October 24, 2013 Morpol reports revenue growth in Q3 2013     In the third quarter of 2013, Morpol's consolidated operating revenue amounted to €140.4 million (US$194 million), which was higher by €32.9 million (US$45 million) in comparison ...
Wednesday, August 7, 2013
Morpol America to close by end of August 2013
August 7, 2013 Morpol America to close by end of August 2013   Press release Morpol announced that the US sales office, Morpol America, will close on August 30, 2013, following a strategic review of the company's sales organisation. Morpol ...
Thursday, February 21, 2013
Morpol's Q4 2012 operating revenue rises to US$216 million
February 21, 2013 Morpol's Q4 2012 operating revenue rises to US$216 million Press release During the fourth quarter 2012, Morpol's consolidated operating revenue amounted to EUR163.1 million (US$216 million), which was higher by EUR12.8 mi ...
Thursday, October 25, 2012
Morpol announces merger plans with Marine Farms
October 25, 2012 Morpol announces merger plans with Marine Farms The plan for a merger between Morpol and its subsidiary Marine Farms has been announced on September 18, 2012 and the merger plan was sent to all of Morpol's shareholders and ...
Thursday, August 23, 2012
Morpol's operating revenue for Q2 suffers slight drop
August 23, 2012 Morpol's operating revenue for Q2 suffers slight drop Morpol's consolidated operating revenue reaches EUR 113.0 million (US141.8 million) for the second quarter of 2012 - a slight decline of EUR0.7 million (US$879,200) on-ye ...
Thursday, May 24, 2012
Morpol's operating revenue declines for first quarter
May 24, 2012 Morpol's operating revenue declines for first quarter   For the first quarter of this year, Morpol's total operating revenue declined at a value of EUR 119.2 million (US$150 million), due to lower processing revenues resulting ...
Monday, August 1, 2011
Morpol divests Culmarex S.A.
August 1, 2011  Morpol divests Culmarex S.A. Morpol has reached an agreement to sell Culmarex to Cooke Aquaculture Inc. for a total enterprise value of EUR48.7 million (US$69.4 million). The transaction will reduce Morpol's net debt by appr ...
Friday, May 20, 2011
Morpol achieves outstanding results despite expensive raw material
May 20, 2011 Morpol achieves outstanding results despite expensive raw material Salmon company Morpol ASA announced that it had a positive EBIT pre fair value of EUR6.2 million (US$8.87 million) for Q1 and an operational EBIT of EUR7.3 mill ...
Monday, September 27, 2010
Morpol acquires another smoked salmon producer
September 27, 2010 Morpol acquires another smoked salmon producer Morpol ASA on Friday (Sep 24) further strengthened its position in the smoked salmon market, acquiring a 100% interest in Brookside Products Ltd., a Cumbria, UK-based smoked ...
Thursday, September 2, 2010
Norway's Morpol acquires third salmon farm
September 2, 2010 Norway's Morpol acquires third salmon farm Poland-based Morpol on Tuesday announced that it acquired Rysa Salmon, a small organic salmon farm in Orkney, Scotland, for GBP1.96 million (US$3.02 million). Rysa Salmon holds tw ...
Tuesday, August 24, 2010
Norway's Morpol acquires Scottish salmon processor
August 24, 2010 Norway's Morpol acquires Scottish salmon processor Morpol ASA has announced its purchase of a 100% interest in Mainstream Scotland from Cermaq ASA for NOK350 million (US$57 million). With the acquisition, Morpol ASA, one of ...

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