The Norwegian Lerøy Seafood Group ASA (LSG) has agreed to purchase 50.1% of the shares in Rode Beheer BV (Rode) in The Netherlands for EUR 15.0 million.
Rode is one of the leading producers of processed seafood in The Netherlands, including a wide range of smoked, marinated and freshly packed products, as well as frozen products
manufactured using Norwegian salmon.
LSG says in a prss release that with its well established customer network
within European grocery chains, as well as airline and other large-scale
catering operations, Rode is a company that fits well with LSG's strategy to
develop the Group's global sales network.
In 2010 Rode had a turnover of MEUR 50.6 with an operating profit of MEUR 3.9 and profit after tax of MEUR 2.8. The company has 87 employees and is located in the town of Urk. LSG and Rode have been co-operative partners for many years, and LSG is looking forward to working with Rode's skilled managers in order to develop the company further.
The decision to become the majority shareholder in Rode is an important step in
the continued development of LSG's market strategy aimed at concentrating on
independent local units centrally placed in important seafood markets, LSG says.
With this, LSG says it has consolidated its position as a major actor in the market for
smoked and marinated products. It has a total capacity of more than 12,000
tonnes of finished goods and owns plants in Norway, Sweden, Turkey and now also
in The Netherlands.
(NRK/Press release)
The strong Norwegian Krone is forcing several Norwegian fish processing plants to close. Seafood exporters have problems in several key markets, NRK reports...
You may remember our story from early fall, when we told of the passenger from Central Europe who had booked a flight for Moldova, and ended up in Norway's north western town of Molde? The same evidently happen to birds!..
Norwegian Foreign Minister Jonas Stoere(photo) asks Russian authorities to remove restrictions on the import of Norwegian frozen salmon. He discussed the matter at a meeting with Russian Foreign Minister Sergej Lavrov...
Three Russian fisheries inspectors have this week been touring Norwegian fish processing plants, at the invitation of Norwegian authorities. The Russians stopped the import of Norwegian fresh salmon in January...
The Government has given the go-ahead for Norway Seafood to acquire Findus' fish processing plant at Hammerfest and 40 per cent of the trawler company Hammerfest Industrifiske...
Foreign Minister Jonas Gahr Stoere will now contact the Russian authorities with the aim to end the import ban on Norwegian fish...
Russian inspectors have finished their control of ten Norwegian seafood producers, and report that they have found rust and mould in some production facilities...
