Extract from our Nordic M&A Newsletter

Read more about our Nordic M&A Newsletter service including the M&A Portal and Private Equity Portfolio Tracker.
Result of Salmars offer to acquire the remaining shares in Arnarlax
April 17, 2019

SalMar ASA has received acceptances for 8.8% of the total shares in relation to its EUR 67.9m cash offer to acquire the remaining 46% outstanding shares. Upon settlement of the offer, Salmar will hold a shareholding representing a 63% stake in Arnarlax AS. Arnarlax is Iceland’s largest salmon breed company, reporting a turnover of EUR 66.6m and EBITDA of EUR 10.2m in 2017. The deal value corresponds to an EV/EBITDA of 15.5x.

ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com