Scottish Sea Farms to acquire Grieg Seafood Hjaltland UK from Grieg Seafood for £164m.

Scottish Sea Farms, a producer of salmon, agreed to acquire Grieg Seafood Hjaltland UK, a subsidiary of Grieg Seafood, an international seafood company, for £164m ($226m). "As farmers, we are constantly striving to create the best growing conditions for our salmon. The purchase of Grieg Seafood Hjaltland UK is a landmark step in our long-term strategy, giving us greater influence over several key biological factors including fish health, stocking regimes and sea lice management," Jim Gallagher, Scottish Sea Farms CEO.