Yanmar acquires Norway's AKVA for 5.9 billion kroner, changing the supplier of Vietnam's fish cages
Yanmar will acquire all shares of the major Norwegian aquaculture-equipment company AKVA group at 161 kroner per share, for a total of about 5.9 billion kroner. About 92% of shareholders have already committed to tender. We lay out, from a procurement-practice standpoint, what it means for the supplier of the cages and feeding equipment used in Vietnam's marine aquaculture to change.
