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Masoval AS ( (DE:9QP) ) has issued an update.
Måsøval AS has secured a long-term solution for continued operations at Pure Norwegian Seafood AS in collaboration with Nordic Halibut AS, despite previous challenges. This agreement includes an option for Nordic Halibut to take over ownership of PNS, contingent on agreement with minority shareholders, which could enhance the business’s future prospects in Averøy, especially with PNS’s expertise in halibut slaughter and Nordic Halibut’s production goals.
More about Masoval AS
Måsøval AS operates in the seafood industry, primarily focusing on the supply and sale of fish. It has historically collaborated with Pure Norwegian Seafood AS (PNS) for slaughter services and fish sales, and now owns its own sales and slaughter companies.
YTD Price Performance: -3.76%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €263.4M
For an in-depth examination of 9QP stock, go to TipRanks’ Stock Analysis page.