Leroy Seafood makes acquisitions

On the 3(rd) January 2011 Leroy Seafood Group ASA (LSG) entered into a contract in respect of the acquisition of a 51.0% stake in Jokisen Evaat OY, Abo/Turku, Finland, reports www.megafishnet.com with reference to Leroy Seafood.

Jokisen Evaat OY's turnover in 2009 was EUR 24.3 million and this acquisition is in keeping with LSG's growth strategy in the Nordic market. Jokisen Eväät OY enjoys a strong position in the sale and distribution of seafood in its home market and will thus contribute to strengthening LSG's position in the Finnish market.

Any questions may be directed to the CEO Henning Beltestad on +47 911 43 545 or the CFO Ivan Vindheim on +47 958 71 310.