Iceland's Utgerdarfelag Reykjavíkur’s (UR), the largest shareholder of Brim -- formerly known as HB Grandi -- inked a deal to acquire all the shares FISK Seafood has in the Icelandic fishing giant.

Fisk Seafood Holding, parent of Fisk Seafood, acquired 8.5 percent of Brim's shares from Icelandic fund Gildi for around ISK 5 billion (€36 million/$40 million) on Aug.