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Mowi sells its Canada East salmon farming operations for CAD 225M to focus on core regions.

Company Fundamentals
30 Jun 2026
Na
View Source
Bearish
pluang ai news

Mowi ASA has agreed to sell its Canada East salmon farming operations, totaling 9,000 GWT, to Cooke Inc. for CAD 225 million. This divestment aims to streamline Mowi's farming portfolio and concentrate on its main farming areas. The sale is expected to close in the second half of 2026, pending regulatory approval and due diligence. As a result, Mowi's 2026 volume guidance will decrease slightly from 605,000 to 600,000 GWT, and the company will record a write-down of approximately CAD 140 million related to this transaction.

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