Morpol has announced that the new name of its UK salmon farming operations will be Meridian Salmon Group.

During the coming months, a process will be initiated to legally merge operating companies of the former Lakeland and Northern Isles Salmon groups.

Pål Angell-Hansen has been appointed as Head of Farming for Morpol’s global farming activities. In this position Angell-Hansen will be responsible for the salmon farming in the UK and Norway, the seabass/bream operations in Spain and cobia in Vietnam and Belize. He will be part of Morpol’s Management Team and will report to the CEO Jerzy Malek.

Angell-Hansen was previously CFO of Marine Farms ASA and has extensive experience in the aquaculture industry. He will be based in Bergen, Norway and head up a small team responsible for farming activities that will also offer additional resource on corporate accounting and other projects.

Bjørn Myrseth, CEO of Marine Farms has also agreed to continue with Morpol until the end of 2011 as advisor to the CEO and management on key strategic projects within the global Morpol group.

Regarding the acquisition of Jøkelfjord Laks AS, the closing of the transaction took place on 7 February 2011.