Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Andfjord Salmon AS ( (DE:50R) ) is now available.
Andfjord Salmon has completed the sale and leaseback of its harbour area at the Kvalnes site in Andøya, Norway, to Asset Buyout Partners AS (ABP) for NOK 400 million. This transaction is part of Andfjord Salmon’s financing strategy for the Kvalnes site, where salmon production is set to resume in September, and it strengthens ABP’s presence in Northern Norway, diversifying its portfolio.
More about Andfjord Salmon AS
Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility. The company combines ocean and land-based salmon farming through a proprietary flow-through system, achieving high survival rates and efficiency in its production cycles.
Average Trading Volume: 52,315
Current Market Cap: NOK2.79B
For detailed information about 50R stock, go to TipRanks’ Stock Analysis page.