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Hitt og þetta 24. apríl 2006

Leroy Seafood Group ASA acquires Fossen AS

Nordic Business Report-April 24, 2006-Leroy Seafood Group ASA acquires Fossen AS
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The Norwegian seafood group Leroy Seafood Group ASA said on Monday (24 April) that it has agreed to acquire seafood company Fossen AS in a NOK230m deal.

Fossen, located outside Bergen in Norway, produces smolt and farms and processes salmon and trout. It has 80 employees.

The company reported a pre-tax profit of NOK18m in 2005, but is expected to achieve a substantially better result this year.

One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).

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