Salmon

Cermaq to acquire Grieg's Canadian and Finnmark operations in near-$1 billion deal

The acquisition has the potential to make Mitsubishi-owned Cermaq the world's third-largest salmon farmer.

Grieg Seafood’s salmon farm in Nootka Sound, British Columbia, is just one of the assets included in the near-$1 billion deal.
Grieg Seafood’s salmon farm in Nootka Sound, British Columbia, is just one of the assets included in the near-$1 billion deal.Photo: Grieg Seafood
Published 17 July 2025, 04:49Updated 17 July 2025, 13:27
Grieg SeafoodCermaqNorwayCanadaBritish Columbia