.
MergerLinks Header Logo

New Deal


Announced

Scottish Sea Farms to acquire Grieg Seafood Hjaltland UK from Grieg Seafood for £164m.

Financials

Edit Data
Transaction Value£164m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

salmon farming

Private

Acquisition

Majority

Farming Fishing Ranching and Plantations

Friendly

Single Bidder

United Kingdom

Pending

Synopsis

Edit

Scottish Sea Farms, a producer of salmon, agreed to acquire Grieg Seafood Hjaltland UK, a subsidiary of Grieg Seafood, an international seafood company, for £164m ($226m). "As farmers, we are constantly striving to create the best growing conditions for our salmon. The purchase of Grieg Seafood Hjaltland UK is a landmark step in our long-term strategy, giving us greater influence over several key biological factors including fish health, stocking regimes and sea lice management," Jim Gallagher, Scottish Sea Farms CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US