The cat is out of the bag: Norwegian heavy weight SalMar is the 'financially strong industrial player' with whom beleaguered cod farming group Codfarmers has signed a letter of intent to sell off Atlantic Cod Farms (ACF) and its subsidiaries other than Festoy Eiendom.
But SalMar is not venturing into the cos farming business with this deal, the company CEO told IntraFish.
"SalMar plans to only acquire the sites of ACF, but is not taking on any cod activities," Yngve Myhre said.
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