Marine Harvest buys further shares in Morpol

Industry Database

Marine Harvest has bought 7,734,185 shares in Morpol from Skagen Vekst, bringing the company’s total shares in Morpol to 91.7%.

Marine Harvest says that it will also buy any further shares in Morpol that are offered at the same price (NOK11.85 per share) until Wednesday 6 November. After this time Marine Harvest has said that it intends to compulsory acquire the remaining shares in Morpol.

The Marine Harvest Group also reports that it achieved an operational EBIT of NOK 793 million in the third quarter of 2013, compared to NOK 73 million in the corresponding quarter of 2012.

“This is a historical quarter for us. With the acquisition of Morpol being approved, Marine Harvest has taken a significant step in the direction of becoming an integrated marine protein provider,” said says CEO Alf-Helge Aarskog.

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