The NOK 60 million deal comes shortly after Måsøval, PNS and minority shareholders reached a confidential settlement resolving separate disputes between the parties.
The Norwegian halibut farmer has agreed a share-based acquisition deal, increased its overdraft facility and secured shareholder approval for a possible future share issue.
Nordic Halibut's new land-based halibut farming facility in Torjulvågen, Norway, will use heat pumps to support energy-efficient cooling and heating in the production plant.