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Odfjell Land AS Expands Stake in Biofish Holding Amid Acquisition Offer

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Odfjell Land AS Expands Stake in Biofish Holding Amid Acquisition Offer

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An announcement from Biofish Holding AS ( (DE:9R2) ) is now available.

Odfjell Land AS acquired 205,009 shares in Biofish Holding AS, increasing its total holdings to over 16 million shares and 7.5 million warrants. This acquisition aligns with a pre-accepted offer from Langøylaks to acquire all shares and warrants in Biofish, indicating a strategic consolidation move in the fish farming industry.

More about Biofish Holding AS

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

Average Trading Volume: 505,308

Current Market Cap: NOK196M

Learn more about 9R2 stock on TipRanks’ Stock Analysis page.

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