Lerøy Seafood Group ASA: Scottish Sea Farms Ltd. enters into a Share Purchase Agreement to acquire Grieg Seafood Hjaltland UK Ltd.
Scottish Sea Farms Ltd. (SSF), a vertically integrated Scottish salmon farming company owned 50|50 by Lerøy Seafood Group ASA and SalMar ASA, has today, 29th June 2021, signed a Share Purchase Agreement to acquire 100% of the Shares in Grieg Seafood Hjaltland UK Ltd. (GSHU) from Grieg Seafood ASA (the Transaction). The purchase price on a cash and debt free basis, and assuming a normalized level of working capital, is set to GBP 164 million.
Lerøy Seafood Group ASA: Scottish Sea Farms Ltd. enters into a Share Purchase Agreement to acquire Grieg Seafood Hjaltland UK Ltd.
Scottish Sea Farms Ltd. (SSF), a vertically integrated Scottish salmon farming company owned 50|50 by Lerøy Seafood Group ASA and SalMar ASA, has today, 29th June 2021, signed a Share Purchase Agreement to acquire 100% of the Shares in Grieg Seafood Hjaltland UK Ltd. (GSHU) from Grieg Seafood ASA (the Transaction). The purchase price on a cash and debt free basis, and assuming a normalized level of working capital, is set to GBP 164 million.