Norway Royal Salmon, SalmoNor Merge; Create Sixth-Largest Salmon Farmer in the World
Norway Royal Salmon (NRS) and its NRS Farming branch have entered into a share purchase agreement to acquire 100% of fellow Norwegian salmon farmer SalmoNor, as Norwegian publication Finansavisen reported.
The deal creates the sixth-largest salmon farming operation on the globe, NRS noted. The group has the potential to produce about 100,000 metric tons of salmon in Norway and an additional 24,ooo tons on Iceland.
Finansavisen noted that the agreement valued SalmoNor at a company value of NOK 8.3 billion (US$954.8 million)...
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