Norwegian salmon giant SalMar's subsidiary NTS is considering strategic options for its aqua services group Froy after receiving interest from perspective buyers.

NTS currently holds 62,269,112 shares in Froy, representing about 72 percent of the shares and votes in Froy.

NTS has engaged DNB Markets as financial advisor and Advokatfirmaet BAHR as legal adviser to assist in the review.

The strategic review is expected to be concluded during 2023.

A transaction, if any, remains subject to market conditions, according to the company press release.