Ice Fish Farm AS (OB:IFISH) agreed to acquire Laxar Fiskeldi ehf for ISK 19.7 billion on December 13, 2021. As per the transaction, Ice Fish Farm AS will issue 37.5 million new shares as purchase consideration. Transaction is subject to the approval by the board of directors and the shareholders. The transaction is expected to occur by end of Q1 2022. On May 6, 2022, Ice Fish Farm AS board approved draft agreement to take over Laxar Fiskeldi.
Danske Bank A/S, Norway Branch acted as financial advisor to Ice Fish Farm AS and DNB Markets acted as financial advisor to Laxar Fiskeldi ehf. Advokatfirmaet Thommessen AS is acting as legal advisor in connection with the combination.

Ice Fish Farm AS (OB:IFISH) completed the acquisition of Laxar Fiskeldi ehf on May 30, 2021.