date:Mar 31, 2014
Norwegian seafood firm Marine Harvest has signed a deal to sell its farming operations on the Shetland and Orkney Islands in Scotland to Canada-based Cooke Aquaculture for 122.5m.
The two units are estimated to have a combined harvest volume of 17,400 GWT this year.
The sale is part of Marine Harvest's move to comply with the EU Commission requirements for the approval of Morpol transaction in September 2013.
Marine Harvest gained full control of Polish salmon processing firm Morpol in Novemb