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Home News Center Investorer Mowi wants to merge Mowi ASA and K Strømmen Lakseoppdrett AS
Nov 14, 2019

Mowi wants to merge Mowi ASA and K Strømmen Lakseoppdrett AS

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The Mowi Group constantly wants to have the most appropriate and efficient company structure for the companies in the Group, both organizationally as well as operationally. The corporate structure in Mowi is today characterized by the result of several acquisitions and inherited corporate structures, and the Group is in continuous process to simplify the company structure and reduce unnecessary costs and internal transactions.

As part of this process, the company wants to merge Mowi ASA and K Strømmen Lakseoppdrett AS to achieve a more optimized corporate structure.

The employees will, when the merger is implemented, continue their employment contracts unchanged in the parent company. There will be made no changes in salaries or other terms for the employees.

Following the merger, K Strømmen Lakseoppdrett AS will be dissolved and its assets, rights and liabilities be transferred to Mowi ASA.

See the merger plan with attachments for more details and information:

Merger plan

Appendix 1: Annual account, annual report and auditor’s report for the last three financial years of the Acquiring Company

Mowi ASA Annual Reports

Appendix 2: Annual account, annual report and auditor’s report for the last three financial years of the Transferor Company

Årsregnskap K Strømmen Lakseoppdrett AS 2016

Årsregnskap K Strømmen Lakseoppdrett AS 2017

Årsregnskap K Strømmen Lakseoppdrett AS 2018

Appendix 3: Half-yearly financial report pursuant to section 5-6 of the Securities Trading Act with the balance sheet date 30.06.2019 for the parent company

Mowi ASA Financial Report Q2 2019

Mowi ASA Financial Report Q3 2019

Appendix 4: Articles of association for the parent company and the subsidiary

Mowi ASA Articles of Association

K Strømmen Lakseoppdrett AS – Articles of Association

 

The merger plan has been registered and announced at the Brønnøysund Register Center.