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Founded by Røkke, American Seafoods Company Celebrates 25 Years
American Seafoods, founded in 1988 by Norwegian visionary Kjell Inge Røkke and now under the leadership of CEO Bernt Bodal and President Inge Andreassen, helped revolutionize the American seafood industry.
Source: Norwegian American Weekly
Bain Capital Bids for Fish-Feed Unit of Norway's Cermaq
A pair of private-equity firms jumped into a battle for dominance of Norway's fish industry, making a 6.2 billion Norwegian kroner ($1.08 billion) offer for the fish-feed unit of Cermaq ASA after it rejected advances from Norway rival Marine Harvest ASA.
Source: The Wall Street Journal
US Drops Penalty Duty on Norwegian Salmon
The United States has dropped a steep penalty tariff on Norwegian salmon that has hindered imports from the world's largest salmon-farming nation since 1991, when Norwegian firms were accused of "dumping" fish for less than it cost to produce.
US International Trade Commission: Antidumping & Countervailing Duty Orders on Norwegian Salmon Revoked
The U.S. International Trade Commission (USITC) today determined that revoking the existing antidumping and countervailing duty orders on fresh and chilled Atlantic salmon from Norway would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.