- Have all the money he needs – Hegnar Online

ON: Several fish farming businesses along the coast think Nordlaks is the next lakseselskap that will be on the stock exchange. The world’s twelfth largest lakseselskap works diligently to get realized gigantmerden “havfarmen”. With an estimated cost of over one billion, the case in the initial public offering, writes Finansavisen.

– No, I don’t think so much, ” says the analyst Make Bøhren in Carnegie.

– These processes are often driven by generational or significant capital requirements. Inge Berg is no olding, private he has all the money he needs, and with the current earnings and the outlook for Nordlaks, they have no problems with to finance it is the need of capital through the bank, to the favorable interest rate, continues Bøhren.

In the latest edition of the Capital, it’s revealed that Inge Berg (52) has a net worth of 4.3 billion, and that he ranks as Norway’s 47. the richest person.

Would have created the buzz

Besides that the company did not need capital through an ipo, perceive Bøhren Berg in the same way as most other oppdrettsgründere:

– They feel both pride and responsibility for their contribution to growth and jobs in the local community, and can often be hesitant to go on the exchange if they perceive that they may conflict with this role, ” says Carnegie analyst.

He is however not in doubt that an ipo would have created buzz.

It would of course been a great event if Norway’s fifth largest aquaculture company (based on 2015 volumes) went on the stock exchange. Given the current interest for the sector, also from international investors, I think a listing would have been received very well, ” says Bøhren.

do Not need

Marius Farm in Swedbank is of the same opinion.

Nordlaks is the twelfth largest company in the world based on volume, placed in an attractive oppdrettsområde and is integrated along the supply chain; clearly large enough to be a børskandidat, and the company would have had a valuation on many billions dollars. But Nordlaks presents itself not as a company that has a need to be on the stock exchange.

Over time, it can naturally happen as a shareholder, or there may be a need for increased financial flexibility, such as attractive growth opportunities, for example through Havfarmen-project, continuing the Farm to the newspaper.

the Next generation of farming

Oppdrettsmilliardær Inge Berg big dream is to move production over in havfarmer. In late august/september got the company, however, rejected by the Directorate on the application to get develop three–four giant oppdrettsbåter, also known as “havfarmer”.

the directorate of Fisheries opened yet to give permission for the construction of one havfarm, which may involve as much as 10,000 tons of biomass, according to Vesteraalens avis. Havfarmen can come to cost over a billion.

– This may push the company in the direction of the exchange, but I have perhaps a greater faith that the next listed lakseselskapet in Norway comes from Canada, Iceland or the faroe islands, ” says Farm.

– Can certainly be considered home

Create Bøhren in Carnegie points out that he is not sure how large the technological risk in the project.

– But if Nordlaks fail to produce fish in Havfarmen with a production cost close to the current level for traditional plants, then this can certainly be considered home, he says and continues;

– to take a single regneeksempel: If they get the 13 utviklingskonsesjonene they have applied for is free, these will provide an increased production capacity of 15-16.000 tons in some years. Given the current pricing in the stock market, are valued to such a production capacity of between 2.3 and 2.6 billion crowns, says Bøhren.

Inge Berg commenting on the rumors around a future listing in today’s episode of “the Breeders” at.10 on www.hegnar.no.