Aquaculture for all

Pan Fish - Marine Harvest Merger threatens jobs, claims farmer

SCOTLAND - An independent salmon farmer from the Western Isles has claimed that the new salmon super-giant, which will trade under the Marine Harvest name, threatens jobs and will do nothing to help the development of other companies in the Highlands and Islands.

The merged Pan Fish-Marine Harvest also owns Fjord Seafood, following a series of share deals master-minded over the past year by John Fredriksen, thought to be Norway’s richest businessman. The new company will use an altered Pan Fish logo, with the slogan ‘Excellence in Seafood’ developed by Fjord Seafood.

In a statement issued earlier this week, Marine Harvest CEO, Atle Eide said: “We believe this decision takes forward a significant aspect of each of the three founding companies. It combines new and familiar aspects for everyone and creates a unique, clear identity in the marketplace and strongly indicates our global commitment to the seafood industry and our ambitions to participate in its further restructuring.”

The new company is reckoned by Scottish Executive sources to control under 50% of Scottish production. Highland Council officials claim this does not take account of the Fjord Seafood Scotland stake and they put the figure at 65%. Angus MacMillan of West Minch Salmon in Uist, said the figure was probably closer to 80%.

Source: Fish Farmer Magazine
Create an account now to keep reading

It'll only take a second and we'll take you right back to what you were reading. The best part? It's free.

Already have an account? Sign in here