SalMar inks deal to sell wellboat subsidiary Froy to Goldman Sachs

Following completion, the investment bank will make a mandatory cash offer to acquire all other shares in Froy. The deal would value Froy at almost $600 million.

'Following a constructive process and after reaching a final agreement we believe we have found the best solution, not only for the SalMar group, but for all shareholders in Froy,' said Frode Arntsen, CEO of SalMar.
'Following a constructive process and after reaching a final agreement we believe we have found the best solution, not only for the SalMar group, but for all shareholders in Froy,' said Frode Arntsen, CEO of SalMar.Photo: Gunnar Lier
Published 5 June 2023, 07:31Updated 5 June 2023, 13:01