US Department of Justice are opening a criminal investigation of Norwegian salmon giants

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Salmon farming duo Mowi and SalMar and now Grieg Seafood consider that there are no basis for the EU inspection and that the class action complaints clearly lack merit and are entirely unsubstantiated.

Thursday Mowi serves a statement with reference to the previously announced European Commission inspection which concerned possible collusion between Norwegian producers of farmed Norwegian Atlantic salmon and class action complaints in the USA related to the same matter.

Further to this Mowi has been informed that we will receive a subpoena from the Antitrust Division of the Department of Justice in the USA where they are opening a criminal investigation involving allegations of similar conduct.

Mowi considers that there are no basis for the EU inspection and that the class action complaints clearly lack merit and are entirely unsubstantiated. This equally applies to any criminal investigation in the US.

Mowi will fully cooperate with the Department of Justice and will provide as requested all information in relation to our US subsidiaries. ┬áThere is no new information regarding the European Commission’s case handling.

Also listed salmon farmer SalMar has received a subpoena from the Antitrust Division of the Department of Justice in the USA where they are opening an investigation involving allegations of similar conduct.

SalMar considers that there are no basis for the EU inspection and that the class action complaints clearly lack merit and are entirely unsubstantiated. This equally applies to any criminal investigation in the US.

SalMar will fully cooperate with the Department of Justice and will provide all information as requested.

Grieg Seafood also said that its US-based subsidiaries Ocean Quality, Ocean Quality USA and Ocean Quality Premium Brands subsidiaries were subpoenaed by the Antitrust Division of the Department of Justice.

“Grieg Seafood ASA and Ocean Quality AS are not aware of any kind of practices that support the allegations, or other practices that undermines competition in either the EU or the US.

“Grieg Seafood ASA and Ocean Quality AS will fully cooperate with the Department of Justice and will provide as requested all information in relation to the US subsidiaries,” wrote Grieg Seafood.