SalMar Acquires Norwegian Salmon Farmer Wilsgård for USD $168.27 Million
SalMar ASA (SalMar) published a statement yesterday indicating its purchase of Norwegian salmon farmer Wilsgård AS (Wilsgard) for NOK 1.8 billion (USD $168.3 million).
According to the statement, the boards of Wilsgård, SalMar Farming AS (a wholly-owned subsidiary of SalMar), and SalMar have officially approved a triangular merger plan pursuant to Chapter 13 of the Norwegian Public Limited Liability Companies Act, listing SalMar Farming as the acquiring company, Wilsgård as the transferring company, and SalMar as the issuer of the consideration shares in the merger...
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