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Announced

Completed

Goldman Sachs Asset Management completed the acquisition of Froy from Salmar for $600m.

Synopsis

Goldman Sachs Asset Management, a provider of institutional and individual investors with investment and advisory solutions, completed the acquisition of Froy, a supplier of vessel services such as wellboat and sea freight, from Salmar for $600m. “We are excited to invest in Frøy, as one of the leading companies providing mission-critical transportation and support infrastructure to the aquaculture industry. Wellboats and service vessels are vital to enabling best-in-class farming practices and Frøy is at the forefront of driving sustainability. We look forward to partnering with Frøy and its management team, employees and long-standing customers in supporting long-term growth and value creation,” Tavis Cannell, GSAM Global Co-Head of Infrastructure.

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