Cermaq has pre accepted new voluntary offer in Copeinca

June 24, 2013 11:21

Reference is made to the release from Copeinca to the Oslo Stock Exchange on 24. June 2013.The BoD of Cermaq has previously expressed its support to the efforts of Copeinca of finding a strategic solution for all shareholders in the company, according to Cermaq ASA.

Cermaq therefore welcome the voluntary offer for all the shares in Copeinca Copeinca from China Fishery Group and has entered into a pre acceptance agreement for all shares owned by Cermaq ASA. A completion of the voluntary offer will provide Cermaq with total proceeds of approximately NOK 928 mill and a gain of NOK 114 mill.

About Cermaq

 Cermaq is an international group of companies with activities in fish farming, production of salmonid feed and research in aquaculture. Cermaq has operations in Norway, Chile, Canada, Scotland, the main geographic regions for salmon and trout farming, and in Vietnam. Through its business unit EWOS, Cermaq ranks as the world's largest producer of feed for salmonids. The business unit Mainstream is one of the world's leading farming companies of salmon and trout. The group had sales of around NOK 11.8 billion in 2012. Cermaq is listed on the Oslo stock exchange with ticker code CEQ.

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