Marine Harvest is buying a Canadian salmon producer currently in receivership for CAD 15 million (€10.7 million/$11.2 million).

The salmon giant said it was nominated by the receiver of all the assets owned by the Gray Aqua Group of Companies, to purchase the company, which is based on the east coast of Canada.

The acquisition price on a cash and debt  free basis is CAD 15 million (€10.7 million/$11.2 million).

Marine Harvest said the acquisition is important from a strategic point of view, as it further broadens its global farming footprint in a country where it is already present on the west coast.

"The