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Langøylaks Acquires Majority Stake in Biofish Holding AS

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Langøylaks Acquires Majority Stake in Biofish Holding AS

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Biofish Holding AS ( (DE:9R2) ) just unveiled an announcement.

Biofish Holding AS has announced that Langøylaks Holding 2 AS has successfully acquired 97.38% of its shares through a voluntary cash tender offer. Following this acquisition, Langøylaks intends to carry out a compulsory acquisition of the remaining shares and delist Biofish from Euronext Growth Oslo, which could significantly impact the company’s market presence and shareholder structure.

More about Biofish Holding AS

BioFish is a Norwegian independent producer specializing in high-quality smolt and post-smolt, with a RAS production facility located in Ljones near the Hardangerfjord on Norway’s west coast. The company serves numerous fish farming sites within a day’s transport in Norway.

YTD Price Performance: 60.73%

Average Trading Volume: 563,099

Current Market Cap: NOK197.1M

For an in-depth examination of 9R2 stock, go to TipRanks’ Overview page.

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