03.01.07
Austevoll Seafood ASA, Storebø, Norway, has acquired 100% of the shares in Epax AS, Aalesund, Norway, from Ferd Private Equity Fund. Epax supplies concentrated, marine-derived omega 3 formulas developed to target specific health conditions and Austevoll Seafood ASA is a company in the pelagic fish, meal and oil industry. According to Austevoll, the acquisition of Epax AS fits well into its strategy to increase value in the fish oil sector, making Epax the only significant omega 3 supplier to be fully integrated from fishing to production of high-quality omega 3 oils. (See more information on this acquisition in this month’s “World From Wall Street” Column, which starts on page 26.)