date:Jan 04, 2013
Marine Harvest has sold its 31.3 percent stake in breeding company Aquagen to Aquagens majority owner EW Group GmbH for NOK 173 million (USD 31.3 million, EUR 23.6 million).
The sale was triggered by Marine Harvests decision to focus its breeding activities around the Mowi strain, which it has carried out breeding of Atlantic salmon based on Mowi strain for more than 40 years.
The Mowi strain has demonstrated good survival and low feed conversion ratio. The breeding methods have further led to