Norwegian salmon farmer Masoval acquires rival producer in $170 million deal

Deal helps diversify locations for the newly listed salmon farming group.

Ottar Vartdal, CEO of Vartdal Group. The company was acquired by Masoval in a $170 million transaction, the companies announced Wednesday.
Ottar Vartdal, CEO of Vartdal Group. The company was acquired by Masoval in a $170 million transaction, the companies announced Wednesday.Photo: Anders Furuset
Published 17 November 2021, 20:22Updated 17 November 2021, 21:27