SalMar buys remainder of offshore farming firm

Norwegian salmon farming group SalMar ASA has entered into an agreement with Aker Capital AS to purchase Aker’s 15% ownership stake in offshore aquaculture company SalMar Aker Ocean AS (SAO). The settlement consists of 1 million SalMar shares and a cash consideration of NOK 76 million.

SalMar Ocean Farm 1

Norwegian salmon farming group SalMar ASA has entered into an agreement with Aker Capital AS to purchase Aker’s 15% ownership stake in offshore aquaculture company SalMar Aker Ocean AS (SAO). The settlement consists of 1 million SalMar shares and a cash consideration of NOK 76 million.