Insula AS acquires the seafood business from Apetit Plc

Apetit Plc has signed an agreement to sell its seafood business in Finland, Norway and Sweden to the Norwegian seafood group Insula AS, a group of specialised and traditional seafood companies operating in Norway, Sweden and Denmark. Through the acquisition Insula AS will enter the Finnish seafood market. Insula AS employs approximately 800 persons.

The transaction is structured as a business transfer in Finland and a share transaction of the Maritim Food Group in Norway and Sweden and is expected to close in the third quarter of calendar year 2017. It is subject to customary closing conditions, including regulatory approvals.

Insula AS was advised by the law firms Borenius, Hammervoll Pind and Mannheimer Swartling in the transaction.

Cookies

This website uses cookies to perform certain functions and help you navigate the site efficiently. A cookie is a text file with a small amount of information that is stored on your device. We share some of the information we obtain through these cookies with third parties. We only use cookies that are necessary for the site to function correctly and they therefore cannot be turned off. For further information, see Information on the use of cookies.