18.2.2022 10:50:38 CET | Andfjord Salmon | Inside information

Nutreco, a global leader in animal nutrition and aquafeed, and Norwegian seafood
group Holmøy, have agreed to invest in Andfjord Salmon, as part of a NOK 38
million private placement. In addition, Andfjord Salmon has entered into an
operational feed supply agreement with Nutreco's aquaculture business line,
Skretting.

"Nutreco is a highly reputable player in the aquaculture space, investing in the
industry, with Skretting supplying world-leading feed and services to
aquaculture producers all over the world. Holmøy is a highly respected Norwegian
seafood group with strong local connection to Andfjord Salmon. We are delighted
to enter into these agreements, which will bring on board two strategic
investors to Andfjord Salmon and secure supply of our preferred feed," says
Martin Rasmussen, CEO of Andfjord Salmon. 

Nutreco, with over 12,000 employees in 37 different countries, is a global
leader in animal nutrition and aquafeed, with advanced nutritional solutions at
the origin of food for millions of consumers worldwide. In Norway, Nutreco
operates through its aquaculture business line, Skretting.

"At Nutreco we are committed to our purpose of Feeding the Future. Our
investment in Andfjord Salmon fully supports our ambitions to provide solutions
to a dynamic and important sector that is essential to ensure that aquaculture
continues to meet the seafood needs of our growing global population in a
sustainable way," says Erik Tveteraas, Investment Director at Nutreco.

Holmøy is a seafood group based in Vesterålen, North Norway. It is one of
Norway's largest players within whitefish and salmon. The group's main
activities are operation of trawlers through Prestfjord AS