Salmon farmer SalMar’s acquisition of Refsnes Laks was today approved by the Norwegian Competition Authorities.
The transaction was first announced on August 25 in a stock exchange announcement. SalMar will gain 45 percent ownership through a combination of share purchase and private placement. The purchase price for the transaction is NOK 665 million (€64 million/$75 million).
Refsnes Laks currently has four licenses for production of Atlantic salmon and a time limited viewing license in central Norway, amounting to 3,932 metric tons maximum allowable biomass.
