Fish Farming Becomes Bigger Business Than the Open Sea

For the first time, the world is eating more fish from farms than from the open sea, spurring billions of dollars of takeovers as one of the largest food companies seeks to capitalize on rising demand.

The latest buyer to enter the fray is Cargill Inc., the world’s biggest grain trader and a meat supplier, which said Monday it agreed to acquire Norwegian salmon-feed business EWOS Holding AS for $1.5 billion.