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Nutreco will invest €2M ($2.2M) in Andfjord Salmon, while Norwegian seafood group Holmoy will invest €788,771 ($897,086). This last operation will go through its fish farming company Eidsfjord Sjofarm, which already owns 66.400 shares in Andfjord Salmon.

In conjunction with the investment, Andfjord Salmon has entered into a long-term, running strategic feed supply agreement with Skretting. Andfjord Salmon will adapt their production volumes of Atlantic salmon to the feed supply volume on an ongoing basis.

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The agreement states that Andfjord Salmon will issue, and Nutreco and Eidsfjord Sjofarm will, respectively, subscribe for 505.050 and 202.020 new shares in the Norwegian company established in 2014, through a directed private placement.

Sparebank1 Markets AS acted as sole financial advisor to Andfjord Salmon in this transaction.

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