Salmon farmer SalMar has entered into an agreement to acquire 45 percent ownership in fellow Norwegian salmon farmer Refsnes Laks through a combination of share purchase and private placement.
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. The purchase price for the transaction is NOK 665 million (€64 million/$75 million).
Chairman of the board of Refsnes Laks, Ivar Refsnes said that for many years a close and value-creating collaboration has been developed between SalMar and Refsnes.
