Reuters – Bain Capital, Altor Bid for Cermaq’s Key Unit

Salmon farmer Cermaq has received an offer from private equity firms Altor and Bain Capital, writes Reuters. The offer is for Cermaq’s EWOS unit for an enterprise value of around $1.1 billion.

Reuters – Salmon farmer Cermaq has received an offer from private equity firms Altor and Bain Capital for its EWOS unit for an enterprise value of around $1.1 billion, it said on Monday.

“Cermaq has today informed the private equity companies Altor and Bain Capital that their offer to purchase EWOS for a total enterprise value of NOK 6.2 billion is considered sufficiently interesting for Cermaq to initiate a process with the aim to conclude a final agreement,” it said. ($1 = 5.8121 Norwegian krones) (Reporting by Balazs Koranyi)