THE WORLD'S leading poultry-breeding holding company EW Group GmbH has signed a deal to take majority ownership of the shares in Aqua Gen AS, the Norwegian-based salmon breeding company.
The sellers are Verdane Private Equity AS, the Norwegian Seafood Federation (FHL), Biomar AS and Eidsfjord Sjofarm AS.
Aqua Gen has become the leading supplier of genetic material to the global salmon farming industry and currently has just over 35% of the world market. The company develops, produces and sells genetic material tailored to the aquaculture sector's requirements for farmed Atlantic salmon and rainbow trout.
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