Just before Christmas, Icelandic salmon farmers Laxar Fiskeldi and Ice Fish Farm announced they would be merging their operations after Ice Fish Farm acquired a majority stake in the former.
The deal, which had been in the works since June, will give the combined group a significantly larger footprint in the country's fast-moving salmon farming sector.
"The deal will provide us with plenty of good opportunities in the East fjords," Laxar's CEO Jens Gardar Helgason told IntraFish.
There are only two salmon companies operating on the East coast, hence there are significant synergies in terms of operations, wellboats and feed and equipment purchases, he said.
