BAKKAFROST: Bakkafrost has acquired 90% of the outstanding shares of Munkebo Seafood A/S
In a transaction closed on 1 January 2022, Bakkafrost has acquired 90% of the shares in Munkebo Seafood A/S. The deal was jointly made with Michael Karlsen, who has been the General Manager of Munkebo Seafood for the past many years. The shares were acquired from Paul Lybech, who has been engaged with Munkebo Seafood for almost 25 years. Following the transaction, Michael Karlsen holds 10% of the shares in Munkebo Seafood A/S while Bakkafrost holds 90% of the shares. Munkebo Seafood A/S was founded in 1974 and has since the formation been engaged in production of canned fish at the