|
|
Article: Fish-farm jobs fear after GBP 800m deal
- Article from:
- The Scotsman
- Article date:
- March 7, 2006
- Author:
CopyrightCopyright 2006 The Scotsman. Provided by ProQuest LLC. (Hide copyright information)
|
FEARS have been raised over job losses in the fish-farming
industry, with the planned merger of two major salmon producers.
The way has been cleared for the formation of a super conglomerate
that would have almost complete control of fish farming from Argyll
to the north Highland coast and in the Western Isles.
Marine Harvest has been taken over by Geveran Trading, an
investment fund that is part of Greenwich Holding, a company
indirectly controlled by the billionaire John Fredriksen, Norway's
richest man.
Geveran bought 75 per cent of Marine Harvest's shares from Nutreco
Holding and the remaining 25 per cent from Stolt-Nielsen in an GBP
805 million deal. The Greenwich group also holds a ...