Grieg Seafood ASA Sells Finnmark and Canada Operations to Cermaq
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Grieg Seafood ASA ( (GRGSF) ) just unveiled an announcement.
Grieg Seafood ASA has agreed to sell its operations in Finnmark and Canada to Cermaq Group AS for NOK 10.2 billion. This strategic move will allow Grieg Seafood to concentrate its efforts in Rogaland, Norway, where it plans to achieve a harvest volume of 30,000 tonnes in 2025, leveraging its post-smolt strategy for growth.
The most recent analyst rating on (GRGSF) stock is a Hold with a NOK53.00 price target. To see the full list of analyst forecasts on Grieg Seafood ASA stock, see the GRGSF Stock Forecast page.
More about Grieg Seafood ASA
Grieg Seafood ASA is a leading global salmon farming company, renowned for its sustainable farming practices that prioritize minimal environmental impact and optimal fish welfare. The company is headquartered in Bergen, Norway, and operates primarily in southwestern Norway, specifically in Rogaland. Grieg Seafood ASA is publicly listed on the Oslo Stock Exchange.
Average Trading Volume: 327,493
Current Market Cap: NOK8.03B
For a thorough assessment of GRGSF stock, go to TipRanks’ Stock Analysis page.
