Kaldvik AS Expands Icelandic Operations with Asset Acquisition

Ice Fish Farm AS (DE:4YYA) has released an update.

Kaldvik AS is set to enhance its fish farming operations with a strategic acquisition of key assets on Iceland’s east coast, valued at NOK 190 million. This move will grant Kaldvik full control over a crucial processing facility, anticipated to reduce packaging costs and increase operational flexibility. The transaction, expected to close in Q1 2025, underscores Kaldvik’s commitment to maintaining a competitive edge in the sustainable aquaculture sector.

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