Poul Schmith has advised Nordic Aqua Partners A/S on its contemplated private placement of approximately 4.6 million shares with gross proceeds of approximately NOK 300 million. The completion of the private placement is subject to certain corporate approvals. Nordic Aqua Partners A/S runs several land-based salmon farms and is specialized in delivering live and locally farmed Atlantic salmon direct to the Chinese consumer, saving airfreight cost and import duties and significantly reduce carbon footprint. Nordic Aqua Partners A/S is listed on Euronext Growth Market in Oslo.
Poul Schmith has advised Nordic Aqua Partners A/S on its contemplated private placement of approximately 4.6 million shares with gross proceeds of approximately NOK 300 million. The completion of the private placement is subject to certain corporate approvals. Nordic Aqua Partners A/S runs several land-based salmon farms and is specialized in delivering live and locally farmed Atlantic salmon direct to the Chinese consumer, saving airfreight cost and import duties and significantly reduce carbon footprint. Nordic Aqua Partners A/S is listed on Euronext Growth Market in Oslo.
The net proceeds to Nordic Aqua Partners A/S from the private placement will be used to accelerate the company’s project to expand the production capacity of Atlantic salmon from 4,000 tonnes p.a. to 8,000 tonnes p.a. at the facilities in China, as well as for general corporate purposes.
The Poul Schmith team advising Nordic Aqua Partners A/S has consisted of Carina Vang Kristoffersen, Thomas Bento-Nystad, Adam Kara, Patrick Agbemadon and Joachim Alexander Ravn.
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