Norwegian seafood giants to merge, seek public listing

Owners of Nergård AS and Norsk Sjømat AS have decided to consolidate the two businesses and create a fully-integrated seafood group with operations spanning whitefish harvesting, pelagics procurement, and salmon farming – as well as processing and global distribution activities. The group’s new parent company, Norsk Sjømat ASA, has also announced its intention to launch an initial public offering (IPO) of shares, and to apply for a listing on the Oslo Stock Exchange (Oslo Børs). According to an…