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ผู้เขียน หัวข้อ: Morpol acquires Cumbrian smoked salmon processor  (อ่าน 2528 ครั้ง)
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« เมื่อ: กันยายน 27, 2010, 09:07:03 AM »


Smoked salmon processor. (Photo: Morpol)

Morpol acquires Cumbrian smoked salmon processor

NORWAY
Monday, September 27, 2010, 08:00 (GMT + 9)



Morpol ASA have acquired a 100 per cent stake in Brookside Products Limited, a processor of smoked salmon based in Cumbria, UK.

The annual production capacity of Brookside is about 1.500 tonnes finished products, and the company´s turnover for 2010 is expected to reach GBP 12 million (EUR 14 million).

The total transaction was settled by a combination of cash and an earn-out clause with a maximum transaction price of below GBP 1 million (EUR 1.17 million).

Brookside Products currently has an estimated market share of 10 per cent of the UK smoked salmon market. Morpol will use Brookside as a platform to further strengthen its position in this important market.

"Through the combination of recent farming acquisitions in Scotland and this important step into smoked salmon processing within the UK, we now have an excellent base where we can further penetrate not only the UK market, but also other European markets," said Jerzy Malek, CEO of Morpol.

Related articles:

- Morpol now owns 90.5 pct of Marine Farms
- Morpol to purchase third salmon firm
 

editorial@fis.com
www.fis.com
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