BEWI Invest to strengthen its seafood business through acquisition of 44% of SinkabergHansen
BEWI Invest AS has come to an agreement with shareholders representing in aggregate 44.4 per cent of the ownership (the “Sellers”) in SinkabergHansen AS (“SBH”) to acquire their shares in SBH (the “Transaction”). The purchase price for the 44.4 per cent ownership is agreed to be NOK 2.2 billion, implying an enterprise value of SBH on 100 per cent basis of NOK 5.0 billion. The consideration will comprise of a combination of cash, hybrid bonds in BEWI Invest and newly issued shares in BEWI Invest, whereby the Sellers will become significant minority shareholders in BEWI Invest. The Transaction is expected to close 28 April.
Registration document
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Financial Calendar (23.03.2023)
Financial Calendar for BEWI Invest AS
Securities Note 23 March 2023
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