Major Shareholder in Norway’s Måsøval Initiates Strategic Review of Ownership, CEO Steps Down
Yesterday Norwegian salmon farming company Måsøval AS announced that its controlling shareholder has decided to initiate a strategic review of its ownership in the company. At the same time, Måsøval CEO Helge Kvalvik announced his departure after three years with the company.
Måsøval’s 70% majority owner is Heimstø AS, an investment company owned by the Måsøval family. As they announced their decision to undertake a strategic review of its ownership, they also noted, “The strategic review does not entail a...
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