Other Media | fishfarmingexpert: Marel agrees terms for €2.7 billion takeover offer by US company
ICELAND
Monday, April 08, 2024
The boards of food processing equipment manufacturer Marel and US company John Bean Technologies Corporation (JBT) have agreed to a transaction agreement that sets the terms and obligations for a potential offer from JBT for all issued and outstanding shares in Marel.
The potential offer values Marel shares at €3.60, up from €3.40 made in a previous potential offer. Shareholders will have the option to receive cash, JBT common stock, or a combination of both for their shares.
Source: fishfarmingexpert l Read the full article here
Nichirei Foods Corporation (President and CEO: Masahiko Takenaga) established Nichirei BizNext Corporation, a sales and logistics management subsidiary, with the aim of consolidating and enhancing the functions that support the Nichirei Foods Group's business operations across the board. The subsidiary is scheduled to begin operations on Wednesday, April 1, 2026.
Background and purpose of establishment
In recent years, management issues facing companies have become increasingly complex and sophisticated, including legal compliance and governance, changes in the food logistics environment, a declining workforce and securing human resources, and promoting women's participation in the workplace. By consolidating management functions that were previously dispersed across each base and department into the new company and increasing expertise and productivity, the company will convert problem-solving itself into value and build a system that will contribute to the sustainable growth of the group.
The Government is taking another step towards requiring Braille labeling on consumer products, a move that worried the fishing industry due to the "extreme difficulty" the regulation posed for its operations. Despite the withdrawal of the legislation last December, the Ministry of Social Rights, Consumer Affairs and Agenda 2030 has decided to relaunch the royal decree. According to information obtained by FARO and confirmed by Anfaco-Cytma (one of the organizations that filed objections at the time), the department headed by Pablo Bustinduy plans to transfer the obligation to provide Braille labels to retailers to inform customers upon request.
Author: Adrián Amoedo / Faro de Vigo | Read the full article here
The Freire Shipyard has signed a contract with the Swedish Defence Materiel Administration (FMV) to build four new vessels for naval support missions. They will be 47 meters long, have a top speed of 12 knots, and an endurance of up to 10 days, with a crew capacity of 16.
Each vessel will be equipped with two main cranes on the main deck and an auxiliary crane for supplies, allowing for autonomous loading and unloading operations. It will also have a folding ramp for vehicle access from the stern.
Source: Industrias Pesqueras | Read the full article here
As part of their ongoing lawsuit to block Spain’s allowance of bottom trawling in marine protected areas, conservation NGOs Oceana and ClientEarth presented their evidence about the practice before Spain’s National High Court 19 February.
The two groups sued the Spanish government in 2024, alleging that the nation was systematically allowing commercial fishers to conduct bottom trawling in marine protected areas (MPA), which they argue is prohibited under European Union law.
Spain is legally obliged to safeguard its marine protected areas, which is incompatible with allowing destructive fishing gear within their boundaries
Author: Nathan Strout / SeafoodSource | Read the full article here
Norwegian salmon farmer Grieg Seafood, which sold its farms in Canada and in Finnmark, Norway, to Cermaq for £738 million in December, made an operating profit of NOK 152.8m from its remaining farming operation in Rogaland in Q4 2025.
The result was a 34% increase compared to the NOK 114.2m made in Q4 2024, Grieg wrote in its Q4 2025 report.
Operational EBIT per kilo increased by 47% to NOK 20.7 (Q4 2024: NOK 14.1) for the farming operation, and by 135% to NOK 19.4 (NOK 8.3) for the Grieg Seafood Group. Average harvest weight increased to 4.8 kilos
Source: fishfarmingexpert | Read the full article here
The peak fishing season for chub mackerel (over 250 grams per fish) in the waters off Kyushu by the West Japan Purse Seiner fleet (large and medium-sized) is drawing to an end. This month's (1st to 18th) catches were as good as the same period last year, but the fat content has dropped slightly. Sources in the fishing area say, "We're finally nearing the end of the fishing season. From March, we expect to shift to focusing on yellowtail."
This month's combined catch of the fish in Nagasaki City, Matsuura City in Nagasaki Prefecture, Karatsu City in Saga Prefecture, and Fukuoka City was approximately 44,000 boxes (each box weighing approximately 16 kg), a good catch on par with the same period last year. Source: Minato-Yamaguchi
Coast Guard Was Able to Return All the Catch from the Illegal Gear to the Sea
The Galician Coast Guard Service carried out its largest operation of the year against the use of traps, a prohibited fishing method in Galicia used for octopus fishing, last Saturday in waters near A Guarda. According to the Galician Ministry of the Sea, the operation resulted in the removal of 523 devices and the recovery of 67 kilos of octopus, which were returned to the sea. The operation also coincided with the weekly rest day.
The operation took place between three and four miles off the coast of A Guarda and led to the discovery of two sets of these traps deployed on the seabed.
Source: La Voz de Galicia | Read the full article here
The Technological Platform for Fisheries, launched by the Ministry of the Sea in collaboration with the Galician Agency for Technological Modernization (Amtega) in 2004, “is consolidating itself as a key tool in the digitalization of the sector.” This is revealed in the report presented this Monday to the Galician Government Council, which compiles the actions recorded by this system in each year, highlighting its functionality “insofar as it offers various services in the field of production and marketing to help in data collection, thus facilitating resource management and guaranteeing its traceability in accordance with current legal requirements.”
Source: iPac.acuicultura | Read the full article here
The salmon farming industry is gearing up for the first of the big seafood conferences, which launches next week.
There will be plenty for them to discuss, with renewed concerns over President Trump’s latest tariff tactics and the general state of the market.
The three-day North Atlantic Seafood Forum (NASF), run by Pareto Securities, which opens in Bergen on Monday, is recognised as the world’s leading conference for senior executives in the global seafood industry.
Each year in the first week of March, more than 1,000 CEOs, experts, investors, and analysts gather in the coastal city for three days of discussion, offering insight and inspiration.
Author: Vince McDonagh / Fish Farmer | Read the full article here
EU-funded initiative named MULTIPLY is uniting 17 partners to develop 10 microalgae-based alternatives for everyday products, aiming to reduce reliance on fossil and food-based resources.
Launched in June 2025, the Horizon Europe project brings together specialists from across Europe to develop and scale ten microalgae-based solutions for five industrial sectors.MULTIPLY is developing ten products designed to show how algae can serve diverse markets:
Food: natural colours and protein-rich ingredients
Feed: a salmon feed component enriched with microalgal compounds
Cosmetics: personal-care oils and esters
Lubricants: bio-based esters engineered for high-performance applications
Biomaterials and packaging: compostable films, paper coatings and other packaging solutions based on algal oils and starch.
Source: The Fish Site | Read the full article here
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