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AdeB assists Benchmark Holdings Plc in the acquisition of SalmoBreed AS

21st of November 2014 Benchmark Holdings PLc, the international animal health, technical publishing and sustainability science business, announced it will acquire the entire issued share capital of SalmoBreed AS, the Norwegian-based genetics company specialising in selective breeding of Atlantic salmon. Benchmark Holdings Inc will also acquire 81.84 per cent of the issued share capital of Softnfiskur HR and place 82,353,000 new Ordinary Shares in the Company.

By combining Norwegian-based SalmoBreed and Icelandic company Stofnfiskur, Benchmark will bring together the strengths of SalmoBreed in genetics with Stofniskur’s unique capability to supply fertile ova 52 weeks of the year to create a world-leading salmon and aquaculture breeding business, expected to be the world’s second largest salmon egg producer.

See the press release here.