Atlantic Sapphire share offer fully subscribed: EW Group takes 10%

Aslak Berge

AquaGen owner subscribes to shares worth 60 million kroner

Atlantic Sapphire, the company building the world’s largest land-based aquaculture facility for salmon in the world, has just issues shares worth USD 76 million and is fully subscribed, it has been has learned.

The company was quick to line up tangible interest. The most interesting subscriber might be the world’s largest poultry-breeding company, Germany’s EW Group, Atlantic Sapphire has told SalmonBusiness.

The Germans already own 100 percent of salmon-breeding giant, AquaGen, and now they hold 10 percent of a Sapphire share offer worth 60 million kroner through subsidiary, Blue Future Holding,

The following is a list of pre-commitments to a share offering that was underway when we started this story.

Alsco, Johan E. Andreassen og Bjorn-Vegard Lovik, NOK 30 million
Vatne Capital, NOK 45 million
AsInvest, André Skarbø, NOK 5.5 million
Thue Holm, CTO Atlantic Sapphire, NOK 2.2 million
Vitamar, Bjorn Myrseth NOK 2.2 million
Norsk Landbrukskjemi, Kjell Bjordal, NOK 2 million
Blue Future Holding/EW Group, NOK 60 million

Atlantic Sapphire also revealed it had signed a Letter of Intent with Blue Future Holding for the long-term use of the salmon-farmer’ infrastructure and property for development work and genetics work.

Read Atlantic Sapphire near pivotal Danish harvest


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