Kaldvik AS: Strategic Moves and Financial Expansion

In a significant development for Kaldvik AS, a company renowned for its innovative approach to aquaculture, the company has recently undergone a substantial share capital increase. This move, announced on June 19, 2025, marks a pivotal moment for the company, listed on both the Nasdaq First North Growth Market and Euronext Growth in Oslo.

The extraordinary general meeting held on the same day paved the way for a private placement of 38,011,500 new shares, raising a total of NOK 532 million, approximately EUR 46.2 million. This strategic financial maneuver was primarily supported by Austur Holding AS, which secured 27,045,027 shares, representing about 71.2% of the total allocation, for NOK 378.6 million, or roughly EUR 33 million.

Ísfélag hf., holding a 29.3% stake in Austur, played a crucial role in this financing round. Their participation underscores a strong commitment to bolstering Kaldvik AS’s market position and expanding its operations. Following the private placement, Austur further solidified its investment by purchasing an additional 860,000 shares in Kaldvik AS.

This capital infusion is expected to enhance Kaldvik AS’s capabilities in the cultivation of salmon and trout, leveraging advanced technology to maintain optimal growing conditions. The company’s reputation for delivering high-quality seafood products globally is likely to be further strengthened by these developments.

With a market capitalization of EUR 152.9 million and a close price of EUR 1.17 as of June 17, 2025, Kaldvik AS has demonstrated resilience despite recent fluctuations, with a 52-week low of EUR 1.15 and a high of EUR 2.64. The strategic financial decisions made today are poised to drive future growth and innovation in the aquaculture sector.

As Kaldvik AS continues to navigate the competitive landscape, the support from key stakeholders like Ísfélag hf. and Austur Holding AS will be instrumental in sustaining its trajectory of success and expansion.