Looking for a specific product?

Make a search for products & suppliers, articles & news.

Sal Mar Buys More Shares in Villa Organic

Sal Mar has acquired a further 0.7 per cent of the shares in Villa Organic, bringing its share of the company to 50.42 per cent.

SalMar has agreed to exercise an option to acquire a further 0.7 per cent of the shares in Villa Organic AS for a total consideration of NOK 2.5 million.

Following this transaction SalMar ASA will control 50.42 per cent of the company's shares. The acquisition of the remaining shares is being undertaken to maximise potential synergies and value creation in the company and for the shareholders.

Completion of the transaction is subject to the approval of the Norwegian competition authorities. Villa Organic AS becomes, from today's date, a subsidiary of the SalMar Group. The business will report as a separate segment with effect from the second quarter 2013.

Villa Organic AS is a fully integrated aquaculture enterprise, with operations along the entire value chain. Its fish farming activities are located in Finnmark. The group has a total of 16 licences for the production of farmed salmon, and expects to harvest 13,000 tonnes in 2013.

to read the full story, please visit  The Fish Site.

Associated companies:


Related news

Latest news

BP Awards Schlumberger Contract for Mad Dog 2 Project

Export Conference 2017: A changing world

Register for this year’s most important conference for Norwegian exporters. We can promise you an interesting and inspirational day!

Meet Elkem Silicon Materials at the Ceramics Expo 2017

Elkem Silicon Metrials invites to meet their team at the Ceramics Expo 2017. This is North America’s largest, free-to-attend exhibition for Ceramic manufacturing and applications.

Event - TechnipFMC at Gastech April 4

Most ship owners are now looking very closely at the benefits that digitalization can bring in operational gains.

Deepocean Awarded Surf Contract from BP for the Foinaven Field

DeepOcean today announced that it had received a call-off under its new Master Service Agreement (MSA) with BP Exploration Operating Company Ltd.

Parquet Floor - a Furniture in itself

Read how a Nordic style, maintenance free new floor is a furniture all in itself. 

Haavik in as Sales Director

Tor Henrik Haavik enters the role as Sales Director in Steinsvik AS. Haavik has an engineering education from Høgskolen i Haugesund and has been employed in Steinsvik since 2002. Haavik comes from the position of Sales Man...

Powder Characterization Experts Offer Solutions to Optimize Process Performance

Freeman Technology, the powder characterization specialists, will be exhibiting at the Ceramics Expo for the first time (25 – 27 April, Cleveland, OH, USA). The company offers material characterization solutions aimed at o...