Norwegian fish farming group Pan Fish has said it plans to sell its U.S. operations and refocus its North American business in Canada

Food & Drink Weekly, Jan 24, 2005

Norwegian fish farming group Pan Fish has said it plans to sell its U.S. operations and refocus its North American business in Canada. The struggling group, which is currently controlled by banking groups Nordea and DnB NOR, has been trying to cut costs and reduce debt. Its U.S. business is based in Washington state and has a book value of $21 million, reported Reuters.