The acquisition of Grieg Seafood ASA by Bakkafrost
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 2023 |
| Tipo de documento: | Dissertação |
| Idioma: | eng |
| Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
| Texto Completo: | http://hdl.handle.net/10400.14/41389 |
Resumo: | The main goal of the dissertation is to determine a potential acquisition in the salmon farming industry among the acquirer company, Bakkafrost, and the target company, Grieg Seafood. Bakkafrost is a company from Faroe Island, selling salmon at premium prices, while Grieg Seafood is a Norwegian company. The requirements for the companies in the salmon farming industry to deliver profit are more turned towards fully integrated value chains. This has been met with several consolidations the last decade. As a result, Bakkafrost could look for potential targets. Bakkafrost and Grieg Seafood’s equity value equals NOK 29 040 million and NOK 11 094 million, respectively. The synergies estimated in a potential deal among them is expected to be NOK 8 046 million. The transaction consists of a mixed offering of stocks and cash, representing a 30% price premium to current market value of Grieg Seafood. |
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The acquisition of Grieg Seafood ASA by BakkafrostDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe main goal of the dissertation is to determine a potential acquisition in the salmon farming industry among the acquirer company, Bakkafrost, and the target company, Grieg Seafood. Bakkafrost is a company from Faroe Island, selling salmon at premium prices, while Grieg Seafood is a Norwegian company. The requirements for the companies in the salmon farming industry to deliver profit are more turned towards fully integrated value chains. This has been met with several consolidations the last decade. As a result, Bakkafrost could look for potential targets. Bakkafrost and Grieg Seafood’s equity value equals NOK 29 040 million and NOK 11 094 million, respectively. The synergies estimated in a potential deal among them is expected to be NOK 8 046 million. The transaction consists of a mixed offering of stocks and cash, representing a 30% price premium to current market value of Grieg Seafood.O objetivo principal desta dissertação é avaliar uma aquisição na indústria da aquacultura do salmão entre a empresa compradora, a Bakkafrost, e a empresa-alvo, a Grieg Seafood. A Bakkafrost é uma empresa das Ilhas Faroe, vendendo salmão a preços premium, enquanto a Grieg Seafood é uma empresa norueguesa. Na acquacultura do salmão, são mais lucrativas as empresas com as cadeias de valor totalmente integradas. Este facto justificou várias consolidações durante a última década. A Bakkafrost justifica assim a procura de potenciais alvos. A Bakkafrost e a Grieg Seafood têm valores de capitais próprios iguais a NOK 29 040 milhão e NOK 11 094 milhão, respectivamente. As sinergias estimadas num possível acordo entre elas são de NOK 8 046 milhões. A transacção consiste na oferta mista de ações e dinheiro, representando um prémio de 30% em relação ao valor de mercado atual da Grieg Seafood.Assunção, António Borges deVeritati - Repositório Institucional da Universidade Católica PortuguesaLund, Marius Bratberg2023-07-04T00:30:29Z2023-01-232023-012023-01-23T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/41389TID:203252730enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:46:58Zoai:repositorio.ucp.pt:10400.14/41389Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:34:05.267472Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
| dc.title.none.fl_str_mv |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| title |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| spellingShingle |
The acquisition of Grieg Seafood ASA by Bakkafrost Lund, Marius Bratberg Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| title_short |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| title_full |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| title_fullStr |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| title_full_unstemmed |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| title_sort |
The acquisition of Grieg Seafood ASA by Bakkafrost |
| author |
Lund, Marius Bratberg |
| author_facet |
Lund, Marius Bratberg |
| author_role |
author |
| dc.contributor.none.fl_str_mv |
Assunção, António Borges de Veritati - Repositório Institucional da Universidade Católica Portuguesa |
| dc.contributor.author.fl_str_mv |
Lund, Marius Bratberg |
| dc.subject.por.fl_str_mv |
Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| topic |
Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
| description |
The main goal of the dissertation is to determine a potential acquisition in the salmon farming industry among the acquirer company, Bakkafrost, and the target company, Grieg Seafood. Bakkafrost is a company from Faroe Island, selling salmon at premium prices, while Grieg Seafood is a Norwegian company. The requirements for the companies in the salmon farming industry to deliver profit are more turned towards fully integrated value chains. This has been met with several consolidations the last decade. As a result, Bakkafrost could look for potential targets. Bakkafrost and Grieg Seafood’s equity value equals NOK 29 040 million and NOK 11 094 million, respectively. The synergies estimated in a potential deal among them is expected to be NOK 8 046 million. The transaction consists of a mixed offering of stocks and cash, representing a 30% price premium to current market value of Grieg Seafood. |
| publishDate |
2023 |
| dc.date.none.fl_str_mv |
2023-07-04T00:30:29Z 2023-01-23 2023-01 2023-01-23T00:00:00Z |
| dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/masterThesis |
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masterThesis |
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publishedVersion |
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http://hdl.handle.net/10400.14/41389 TID:203252730 |
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http://hdl.handle.net/10400.14/41389 |
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TID:203252730 |
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eng |
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eng |
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openAccess |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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