Frøya, Norway-headquartered producer SalMar ASA has agreed to acquire 49% of the shares in Øylaks MTB AS, following which SalMar will own 100% of the Midsund-based salmon farming company.

Øylaks MTB AS owns one license to produce Atlantic salmon.
In a statement, SalMar said the agreed purchase price in the transaction will be settled by the issuance of 209,402 new shares at a subscription price of NOK 655.20 per share.
It added that its board of directors has resolved to issue the consideration shares as settlement for the transaction, pursuant to an authorisation registered in the Norwegian Register of Business Enterprises on 20 June 2025.
Following the issuance of the consideration shares, the company’s share capital will be NOK 33,899,229.25, divided into 135,596,917 shares, each share with a par value of NOK 0.25.
The share capital increase will be registered in the Norwegian Register of Business Enterprises.
Meanwhile, according to its latest trading statement, SalMar harvested 84,100 GWT (gutted weight tons) in the fourth-quarter of 2025, which was an increase of 10,300 GWT on the harvest reported for Q4 2024. The latest volume comprised 43,400 GWT from its Farming Central Norway segment, 36,900 GWT from Farming Northern Norway, and 3,800 GWT from Icelandic Salmon. No harvest volumes were recorded for SalMar Aker Ocean in the quarter.
For the full-year 2025, SalMar has estimated 145,400 GWT from Central Norway, 119,200 GWT from Farming Northern Norway, 7,200 GWT from SalMar Aker Ocean, and 12,700 GWT from Icelandic Salmon.
Its full Q4 report will be released on 10 February 2026.