1 Jul, 2011: Codfarmers and Atlantic Cod Farms to merge
Codfarmers ASA (COD) and Atlantic Cod Farms AS (ACF) have today entered into a letter of intent for the combination of the companies (the "Transaction"). The Transaction will be structured as a share for share exchange, under which the ACF shareholders will receive COD shares as consideration for their ACF shares. Based on the agreed exchange ratio and assuming 100% acceptance from the ACF shareholders, the COD shareholders and the ACF shareholders will own 51.1% and 48.9%, respectively, of the combined company.
Land-raised Atlantic salmon makes headway into the market Canada
A year after being launched into the market, KUTERRA Land Raised™ Atlantic salmon has shown it is possible to produce a high-quality, sustainably farmed premium salmon using very little energy, water or land, without antibiotics or pesticides.
EFJ praises EU's measures against IUU Thailand
EFJ welcomes the EU’s decision to withdraw South Korea from the list of countries that do not take the necessary measures to prevent, deter and eradicate pirate fishing in addition to sending warnings to Thailand for not working on this issue.