N.B.-based Cooke acquires salmon farming operations across Atlantic Canada

In this Thursday, July 13, 2017 photo, workers gather Atlantic salmon before putting them into a tank aboard a ship for a treatment with hydrogen peroxide at a Cooke Aquaculture salmon farm near Blacks Harbour, New Brunswick., Canada. (AP Photo/Robert F. Bukaty)

SAINT JOHN — One of Canada’s largest seafood companies has struck a deal to grow its salmon business in the Atlantic region.

Cooke Inc., based in Saint John, N.B., says it has agreed to acquire the salmon farming assets of Mowi Canada East.

Cooke says the deal involves operations in New Brunswick, Prince Edward Island and Newfoundland and Labrador.

In a news release, the company says the sale includes freshwater hatcheries, sea farming sites and two processing plants.

Based in Norway, Mowi’s publicly traded parent company generated record revenue of 5.73 billion euros last year.

Cooke bills itself as the largest private family-owned seafood firm in the world with a staff of 15,000 across 16 countries.

“This is an exciting growth opportunity for our Atlantic Canada operations. We look forward to welcoming Mowi Canada East’s 250 employees to Cooke,” CEO Glenn Cooke said in a statement.

This report by The Canadian Press was first published June 30, 2026.