Mowi Acquires Norwegian Salmon Farmer K. Strømmen Lakseoppdrett
Mowi announced that they have completed the acquisition of Norwegian salmon farmer K. Strømmen Lakseoppdrett from K. Strømmen Holdings AS.
According to the company, 30% of the purchase price will be settled through the issuance of new shares in Mowi. The Mowi board of directors approved 1,071,372 new shares to K. Strømmen Holdings AS at a price of NOK 226.7855 per share.
Undercurrent reports that the total cost of the acquisition is NOK 790m.
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