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Fish and fish products have been among Norway’s most important export items for a thousand years, and Norway has a unique expertise, culture and tradition in the field of fishing and fish farming. Today, the fisheries and aquaculture industries are modern, profitable and unsubsidised. Norway is one of the world’s largest suppliers of seafood, exporting to over 150 countries. Along with other coastal nations, Norway manages some of the world’s richest fish stocks, and is a world leader in the production of farmed salmon. Norway also has a substantial supply industry to the sector. The biomarine business in growing, and new marine ventures are being developed. Over time, major enterprises have been built up in this dynamic sector, and as they grow, many changes hands or float their shares on the stock market.
For decades, Arntzen de Besche has been assisting clients in the fisheries and aquaculture sector, as well as the food processing, life science and supply industries, with matters relating to public regulation, including the award of operating licences and related compliance issues, government directives and sanctions. We pride ourselves on always being fully up to date on all regulatory provisions affecting the sector.
We also provide legal assistance with every aspect of the business day-to-day operations, including negotiation, drafting of contracts, employment law issues, construction, shipbuilding, competition law, intellectual property law, financing, restructuring and tax issues. Through years of experience as advisors to the sector, our lawyers have built up an in-depth understanding of both the practical and commercial aspects of the business.
In recent years, Arntzen de Besche has become the preferred advisor in several major transactions within the industry. We have extensive experience and expertise with respect to acquisitions/divestments, share issues and IPOs, as well as ensuring a smooth transition to the next generation in family businesses. We are also regularly called upon to help with business financing, restructuring and reorganisation.
We have extensive experience of dispute resolution relating to matters of both public and private law as they affect the sector, and have represented business interests in several high-profile court cases involving matters of principle.
Our aim is to develop Norway’s strongest legal advisory practice within the fisheries and aquaculture sector, and our lawyers are already ranked among the foremost in this field.