Salmonor CEO takes NTS chairman role while acquisition future remains uncertain

Salmonor CEO Vibecke Bondo takes on the chairman role at parent company NTS in the latest chapter as the ongoing Norwegian aquaculture group acquisition battle remains. Shareholders still discuss about companies future. Bondo has led the company since 2010.

In addition, NTS has announced that Paal Johnsen takes over as chairman at the group's other salmon farming subsidiary, Norway Royal Salmon (NRS). Johnsen will be replaced by Roald Dolmen. NTS shareholders will vote on the proposals on April 29, while NRS shareholders will do it on April 20.

Last week, NRS has announced its intention to file a lawsuit against its major shareholder, NTS.