Morpol logo

Meridian Salmon Group subsidiary Lakeland Unst Ltd. on Wednesday agreed to acquire the assets of Uyeasound Salmon Co., a salmon farm located on the island of Unst, in northeast Shetland. The deal is valued at GBP 3 million.

The operation has five sites, selling an average 1,000 metric tons (gutted weight) of salmon annually. The sites are located adjacent to Meridian’s existing operation at Unst, which is one of the company’s best-performing areas, both operationally and financially.

Meridian is a subsidiary of Poland-based salmon-processing giant Morpol ASA.

“We are very pleased to have finally managed to secure this operation. Unst on Shetland is a very attractive area to operate in, with good staff and very little sea lice. The combined business should improve our performance going forward,” said Pål Angell-Hansen, global head of farming for Morpol.

Market Report

SeafoodSource Twittter

Events

Seafood Expo Global

21-23 April 2015
Brussels, Belgium

Seafood Expo Global/Seafood Processing Global is the largest seafood trade event in the world. The event attracts more than 25,800 buyers and suppliers of fresh, frozen, packaged and value-added seafood products, equipment and services. Attendees travel from 150 countries to do business at the expo. Read More