Cermaq said Monday negotiations with the two private equity groups over the sale of its feed subsidiary EWOS are ongoing and progressing.

The company had provided the two investors Bain Capital and Altor with three weeks exclusive access to the EWOS management. This period has now expired, and the company said it had 'received another competitive bid" for EWOS, which will be pursued in parallel.

The aim remains to have a definitive agreement for the sale of EWOS executed in mid-July, the company said.

An