Monday May 12th Nordic Group AS led a team of investors in acquiring majority ownership in AS Baatsfjordbruket.
Nordic Group AS, headquartered in Trondheim, Norway, has since 1967 been one of the leading exporters of fresh and frozen seafood from Norway. The group had a turnover in 2013 of NOK 675 mill and employed 28 in the offices in Trondheim and Boston.
AS Baatsfjordbruket, located in the fishing community of Baatsfjord in Finnmark, Norway, has under the ownership and leadership of Kjell Olaf Larsen been recognized as one of the most dependable and successful seafood producers in Norway. Turnover was NOK 150 mill in 2013 with 78 employees.
For more than 30 years the cooperation between Nordic Group and Baatsfjordbruket has been mutually beneficial and important. The change of ownership is aimed at strengthening this cooperation.