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.
In addition to securing its long-term processing capacity, it has also entered into an agreement with the main shareholder, Måsøval, on a call option to acquire 100% ownership.
