Successful completion of NOK 300 million tap issue

Reference is made to the press release from BEWI Invest AS (“BEWI Invest” or the “Company”) published 29 March 2023 regarding the agreement to acquire 44.4 % of the shares in SinkabergHansen AS (the “Transaction”), and the stock announcement made on 25 April 2023 regarding, among other things, the general meeting’s approval of the Company’s […]

Private placement successfully placed

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Launch of private placement

Reference is made to the press release dated 29 March 2023 regarding the agreement entered by BEWI Invest AS (“BEWI Invest”) to acquire 44.4 per cent of the shares in SinkabergHansen AS (the “Transaction”). In order to finance the cash consideration of the Transaction, BEWI Invest hereby announces a contemplated private placement to raise gross […]

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.