Nordic Business Report-April 26, 2006-Domstein ASA acquires 50.3% stake in wholesale company
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The Norwegian seafood group Domstein ASA said on Wednesday (26 April) that it has agreed to acquire a 50.3% stake in food wholesale company Matgrossisten Midt-Norge AS.
No financial details were disclosed.
Matgrossisten Midt-Norge has established a distribution system for frozen foods in the northern parts of the More og Romsdal region in Norway. The company has an annual turnover of approximately NOK100m.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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