{"id":3273,"date":"2010-05-05T16:23:00","date_gmt":"2010-05-05T15:23:00","guid":{"rendered":"https:\/\/worldfishing.nfdtesting.uk\/icefish-conference\/2010\/05\/05\/grieg-moves-on-northern-aquaculture\/"},"modified":"2026-08-26T23:41:40","modified_gmt":"2026-08-26T22:41:40","slug":"grieg-moves-on-northern-aquaculture","status":"publish","type":"post","link":"https:\/\/www.worldfishing.net\/icefish-conference\/news\/industry-news\/grieg-moves-on-northern-aquaculture\/","title":{"rendered":"Grieg moves on Northern Aquaculture"},"content":{"rendered":"<p>Grieg Seafood Hjaltland UK Ltd has entered into an agreement to acquire Northern Aquaculture Ltd, also based in Shetland, for a total of \u00a31.8 million (\u20ac2.1 million\/$2.7 million).<br \/> The deal will result in the acquisition of four production sites on the west coast of Shetland, with total discharge consents of 2,900 tonnes.<br \/> Grieg said that in addition to securing increased volume and operational synergies, the transaction is beneficial from a bio security point of view.<br \/> It currently has production on two of the acquired sites under a contract growing agreement. This contract growing agreement will be terminated upon completion of this transaction.<br \/> The acquisition price for Northern Aquaculture Limited amounts to \u00a31.1 million (\u20ac1.3 million\/$1.7 million).As part of the transaction, Grieg Seafood Hjaltland is also taking over the equipment leasing with a remaining liability of \u00a3700,000 (\u20ac882,880\/$1.1 million).<br \/> Grieg Seafood Hjaltland\u2019s parent company Grieg Seafood ASA is one of the world\u2019s biggest salmon and trout producers with an annual production capacity in excess of 80,000 tonnes gutted weight.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Salmon giant to buy Shetland farmer.<\/p>\n","protected":false},"author":2,"featured_media":3274,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"sponsor":[],"class_list":["post-3273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/3273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/comments?post=3273"}],"version-history":[{"count":1,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/3273\/revisions"}],"predecessor-version":[{"id":3275,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/3273\/revisions\/3275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media\/3274"}],"wp:attachment":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media?parent=3273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/categories?post=3273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/tags?post=3273"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/sponsor?post=3273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}