Norwegian pelagics processing company, Pelagia AS, signed an agreement with Arne Stang AS to purchase 100% of the shares in Norsk Fiskeindustri Invest AS (NFI). NFI owns 51% of the shares in Husøy Eiendom Karmøy AS and 51,05% of the shares in Karmsund Protein AS. Karmsund Protein AS is a producer of fishmeal and fish oil.
A fulfilment of the agreement is dependant of an approval from the relevant competition authorities.
Pelagia AS is a 100% owned subsidiary of Pelagia Holding AS. The company recently purchased the remaining 50% in Hordafor AS, owning 100% of its shares.