Morpol submits listing application to Oslo Bors

May 24, 2010 16:28

Morpol ASA submitted an application for listing on Oslo Bors. The application is expected to be considered at the board meeting of Oslo Bors on 16 June 2010. Morpol has engaged DnB NOR Markets, Pareto Securitiesand ABG Sundal Collier as Joint Lead Managers and Joint Bookrunners for the IPO, reports with reference to Morpol.

CEO of Morpol, Jerzy Malek stated, "the listing on Oslo Bors will allow the company to continue its dynamic growth - both acquisitive and organic."

About Morpol

The Morpol Group is engaged in salmon processing as well as sale and distribution of finished salmon products. The Morpol Group's main products are: cold and hot smoked salmon, gravadlax, fresh salmon fillets, frozen salmon portions, organic salmon, wild salmon and salmon specialties. The Morpol Group had revenue of approximately EUR 340 million in 2009.

Founded in 1996 in Ustka on the Baltic coast of Poland, the company employs over 3,000 people in eight countries. Morpol Group is the world leader in smoked salmon. The company has achieved its world leading position through the efficiency of processing activities, a constant focus on product quality and service provided to retail and food service customers. Morpol serves customers across Europe, in Japan and the United Statesby offering value for money.

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