Royal Greenland signed a definitive agreement with Sahara Investment Group and Meridian Investment Group to sell its Wilhelmshaven facility in Germany.
On June 6, 2013, Royal Greenland announced it entered into negotiations with the two Singaporean companies. These have now been concluded, Royal Greenland said in a statement.
As a result of the transaction, the buyers will acquire the entire issued share capital of Royal Greenland Seafood.
Prior to the completion, Royal Greenland will transfer its lumpfish roe activities in Cuxhaven, Germany and the new zip-lock/chain-pack products to other business units, as these are not part of the transaction.
The
