New ownership

 

The owners of Nordic Group AS have entered into an agreement with Insula to sell their 96% of the shares in the company. This acquisition also means that Insula takes over 83% of the shares in AS Båtsfjordbruket.

The new ownership will not affect our relationship with you and our partners around the world. We have spent years building good and long-lasting relationships with our customers and this work will continue as before.

We will still focus on being the important link between the Norwegian seafood supply industry and our customers both at home and abroad.

Under the new ownership we see opportunities to expand our product range and to continue to bring the best of Norwegian seafood to markets around the world.

We will still strive to provide the best service possible!

Now we are starting a new chapter in the Nordic Group's 50 year history and we are very much looking forward to the future.

 

NORDIC GROUP ACQUIRES OWNERSHIP POSITION IN WHITEFISH PRODUCER BAATSFJORDBRUKET

Btsfjordbruket

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.

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