SalMar to buy 70% of salmon farmer Måsøval in $347M deal
What's the deal? Norwegian salmon producer SalMarDealroom has a profile for this one. Try Dealroom → has agreed to acquire a roughly 70% stake in fellow farmer Måsøval for around $347 million. The seller is Heimstø, the Måsøval family's investment vehicle, which confirmed the sale.
What's the endgame? The deal hands SalMar majority control of Måsøval, expanding its position in the salmon farming sector.
The signal: Consolidation continues among Norway's salmon producers as larger players absorb family-owned farmers to build scale.
Read more: Undercurrent News
Image credit: Neeta Lind