Mowi, a Norwegian seafood company, completed the acquisition of a 51.28% stake in Arctic Fish Holding, a fish farming company, from SalMar, a Norwegian fish farm company, for $180m. “The Icelandic salmon farming industry is set for extensive development and growth in the coming years and we take great pleasure in this opportunity to play a part. Icelandic waters provide excellent growth and living conditions for the salmon,” Ivan Vindheim, Mowi CEO.