The deal also includes an equity covenant of at least 35% and features an “accordion” option, allowing for an additional US$431 million subject to lender approval.
The ASC Feed Standard sets a high bar for sustainability, requiring certified facilities to meet rigorous criteria in areas such as responsible raw material sourcing, labour practices, traceability, and environmental management.
His new position consolidates the sustainability and communications functions at Skretting.
His appointment marks a significant internal promotion and reinforces the company’s commitment to continuity, innovation, and sustainable aquaculture.
Starting October 31, 2025, ASC-certified farms will be required to use ASC-certified feed to maintain their own certifications.
The newly launched Marfeed brand will focus on improving the health, welfare, and productivity of farmed aquatic animals through advanced nutritional solutions.
Walde will retain his leadership of Skretting Norway until a new General Manager is appointed, ensuring continuity in one of the company’s most critical markets.
The study compared a conventional salmon diet with a 4% ProteinX insect meal, replacing soy protein concentrate.