Analyst: Marine Harvest feed expansion disaster in making

The Marine Harvest comment on possibly expanding into feed is a necessary action after questions by investors on copying the Cermaq model, which is more stable than that of Marine Harvest, said Gerard Rijk, an analyst with ING Commercial Banking.

“The best way would be to buy or merge with Biomar, which also would have short-term business consequences,” he said, in a note sent to IntraFish.

Marine Harvest accounts for just under 25 percent of Biomar's sales, Biomar's CEO Torben Svejgaard told IntraFish.

However,