EL7.AI
Mergers & AcquisitionsMedium•9 November 2026•
1 min read

Yanmar Launches €560 Million Cash Takeover Bid for AKVA Group

Key Facts

1Yanmar has formally launched a €560 million cash takeover offer for Norwegian aquaculture equipment supplier AKVA group.
2Shareholders representing approximately 92% of the company have already pledged to accept the bid of NOK 161 per share.

Yanmar has formally launched a €560 million cash takeover offer for Norwegian aquaculture equipment supplier AKVA group. Salmon Business reported that the bid is set at NOK 161 per share, representing a 57% premium over the dividend-adjusted share price prior to the company's strategic review announcement in April.

Shareholders representing approximately 92% of the company, including Egersund Group, Israel Corporation, and Pareto Asset Management, have already pledged to accept the offer. The move follows AKVA group reporting third-quarter revenue of NOK 959 million, with an order backlog reaching NOK 2.72 billion at the end of September 2026. Yanmar intends to maintain the company as a separate business, retaining its Norwegian headquarters and existing workforce.