SalMar-backed Icelandic salmon farmer Arnarlax plans to list on the Norwegian Stock Exchange in Oslo within two years, reports Frettabladid.
The company completed an ISK 2.6 billion (€20.5 million/$23.7 million) share capital increase this summer, and aims to expand its operations in the future.
"The preparation period is largely complete and now the industry is beginning to grow," said Kjartan Olafsson, chairman of Arnarlax.
Following the 12 percent increase in share capital, Arnarlax shareholders represented more than 60 percent, while around 40 percent was allocated to two new investors from Norway and Sweden.
