The Minister has approved the sale of Norway Seafoods and Havfisk – Lofotposten

Industry and Fisheries Ministry has approved the fisheries-related part of the sale of Norway Seafoods and Havfisk to Lerøy Seafood Group.

it was in June it became known that Aker ASA had sold Havfisk ASA and Norway Seafoods AS to Lerøy Seafood Group. Havfisk ASA trawler company Nordland deepsea AS in Stamsund, while Norway Seafoods ASA owns filet factories in Melbu and Stamsund.

May approved

It was a condition of sale that the Industry and Fisheries Ministry and competition authorities approved the transactions

Now, Industry and fisheries Ministry approved the fisheries aspects of the owner change in Havfisk ASA and Norway Seafoods ASA by Lerøy Seafood Group ASA is granted authorization to acquire 64.42 percent of the shares in Havfisk ASA and 73.63 percent of the shares in Norway Seafoods AS.

Sandberg said yes

– Leroy is currently one of the leading seafood suppliers. In my opinion will Lerøy entry into Havfisk and Norway Seafoods strengthen fish processing business, and be positive for the fish industry in Norway through the company’s solid expertise and broad distribution network, says Fisheries Minister Per Sandberg said in a statement.

unchanged conditions

the press release states that approval is granted pursuant to the participation Act and approval applies the fisheries aspects of the purchase.

-All conditions attached to Havfisk ASA their previous licenses have been continued. This means that all delivery terms related to cod trawlers remain unchanged and likewise activity requirement Havfisk ASA has on its six plants in Stamsund, Melbu, Hammerfest, Storbukt, Kjøllefjord and Båtsfjord, said the press release.

The Competition Authority has not yet come with their conclusion on sale.

with the takeover of Havfisk get Lerøy access to 11 percent of the Norwegian cod quota, or well 100,000 tonnes.

Lerøy turnover in the first quarter this year for 3 , 8 billion and a profit before tax of NOK 592 million.