Carnegie Investment Bank Norway is proud to have acted as Joint Bookrunner in Måsøval AS’ successful NOK 400 million directed shared issue.
The net proceeds of the private placement will, together with the 4,761,904 consideration shares to be issued to Vartdal Invest AS, be used for equity financing of the previously announced acquisition of Vartdal Gruppen and for general corporate purposes.
Måsøval is an integrated producer of Atlantic salmon with more than 50 years of operational experience. Located in Central Norway in the region west of Trondheim, Måsøval has both significant farming operations at sea and inhouse smolt production. Through its majority ownership in the processing and distribution company Pure Norwegian Seafood AS, Måsøval is processing and exporting high quality Atlantic salmon to a global marketplace.
Carnegie congratulates CEO Asle Rønning, CFO Gunnar Aftret, Chairman Lars Masoval and the rest of the Måsøval team with the successful transaction. We look forward to continuing our support of Måsøval going forward.