Leroy and SalMar Acquire Significant Stakes In Villa Organic | Global AgInvesting

Leroy and SalMar Acquire Significant Stakes In Villa Organic

Leroy and SalMar Acquire Significant Stakes In Villa Organic

Leroy Seafood Group purchased 39.74% of the shares in Villa Organic for USD28 million just days after SalMar acquired a total of 49.72% of the company’s shares in two transactions for USD25.1 million and entered into an agreement to purchase an additional 0.7% of the shares in the future.  Villa Organic is a Norway-based fully integrated aquaculture group owning 16 salmon licenses and is expecting to harvest 13,000 tons of Atlantic salmon this year.  To read more about the company and the sales:

 

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