Koppernæs increases its engagement in TripleNine Group - Horten advises Koppernæs

After nearly 100 years as a leading producer of fish meal and fish oil, Koppernæs AS, Ålesund, Norway, continues an expansion strategy that in 2013 led to a merger with the Danish company TripleNine A/S in the 50/50 owned TripleNine Group A/S – one of Europe's largest producers of fish meal and fish oil, based in Esbjerg, Denmark.

Koppernæs AS purchased 63% of the shares in the Danish company Triple Fish A/S with effect on October 6, 2016. Triple Fish A/S owns 50% of TripleNine Group A/S, and with the purchase, Koppernæs becomes a majority owner of TripleNine Group. TripleNine Group has subsidiaries and production facilities in Denmark, Norway and Chile. The turnover exceeded 1.7 bn. DKK in 2015.

Koppernæs has been advised by Horten.