Norwegian seafood producer Marine Harvest has taken an 11.92% stake in peer Aker Seafoods.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


 


Marine Harvest purchased 5.8m shares at NOK46.28 (US$9.01) per share.


 


The purchase signals the conclusion of a previous forward contract which expires on 26 June, the Norwegian fish farmer said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

 


With the purchase Marine Harvest becomes joint second-largest shareholder in Aker Seafoods. According to Aker Seafoods, Aks Egenhandelskonto also holds 11.92% of the company. Aker Seafoods Holding is the largest shareholder with 64.95% of outstanding shares.


 


Marine Harvest has however remained tight-lipped on the strategic motivation behind the move. Speaking to just-food today (27 March) Henrik Heiberg, vice president, finance and treasury, would only say that it was a “financial investment”.


 


Heiberg declined to comment on whether Marine Harvest planned to increase its stake in the future.