date:Apr 11, 2013
Leroy Seafood Group announced on Wednesday it purchased 39.74 percent of the shares in Villa Organic at an average price of NOK 2.85 (USD 0.49, EUR 0.38) per share. The total purchase price is NOK 161 million (USD 28 million, EUR 21 million).
The move comes just days after SalMar ASA announced it acquired an additional 13.45 percent of Villas shares for NOK 47.8 million (USD 8.3 million, EUR 6.4), meaning that the salmon producer now controls 49.72 percent of the companys shares.
Villa Organic