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Pan Fish sale falls through

Banks have refused to finance the sale of Pan Fish's operation in Aukra, Romsdal, to Per Olav Mevold. The

Banks have refused to finance the sale of Pan Fish's operation in Aukra, Romsdal, to Per Olav Mevold. The troubled fishery company had signed a letter of intent to sell the Aukra business for NOK 175 million, but the deal failed to receive backing, newspaper Romsdals Budstikke reports.

Mevold hoped to establish a local ownership group around the former Vikenco, a former supplier to Pan Fish.

Pan Fish Aukra has 80 employees.

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