---
title: "AKVA Group agrees NOK 5.9 billion sale to Japan's Yanmar"
summary: "Norwegian aquaculture technology supplier AKVA group has agreed to be acquired by Japanese industrial conglomerate Yanmar in a deal valued at NOK 5.9 billion (£463.2 million), with major shareholders representing approximately 92% of AKVA's shares already committed to the transaction."
url: "https://feedsoft.ai/articles/akva-group-agrees-nok-5-9-billion-sale-to-japan-s-yanmar-75cb30d6"
publisher: "The Feed Report"
section: "Aquafeed"
author: "The Feed Desk"
datePublished: "2026-10-04T16:43:00.192Z"
dateModified: "2026-10-04T16:43:00.192Z"
sources:
  - title: "AKVA agrees £463 million sale to Yanmar"
    url: "https://www.fishfarmingexpert.com/acquisitions-and-mergers-akva-group-aquaculture-technology/akva-agrees-463-million-sale-to-yanmar/2190241"
---

# AKVA Group agrees NOK 5.9 billion sale to Japan's Yanmar

*Norwegian aquaculture technology supplier AKVA group has agreed to be acquired by Japanese industrial conglomerate Yanmar in a deal valued at NOK 5.9 billion (£463.2 million), with major shareholders representing approximately 92% of AKVA's shares already committed to the transaction.*

One of the world's largest aquaculture technology suppliers, Norway's AKVA group, is set to be acquired by Japanese industrial company Yanmar in a deal worth NOK 5.9 billion (£463.2 million), the companies announced on 2 October 2026.

Shareholders are being offered NOK 161 per share in cash, representing a premium of 57% over the closing price of NOK 102.5 on Euronext Oslo Børs on 7 April 2026 — the last trading day before AKVA announced its strategic review.

The acquisition vehicle is Pontos Bidco AS, a Norwegian company indirectly owned by Yanmar. Major shareholders representing approximately 92% of AKVA's shares have already given irrevocable undertakings to sell, including Egersund Group AS, Israel Corporation Ltd, all members of AKVA's board and executive management, Pareto Asset Management AS, Nordea Investment Management AB, and Alfred Berg. AKVA's board has recommended remaining shareholders accept the offer.

AKVA chief executive Knut Nesse said the deal followed a comprehensive strategic review with strong support from the company's largest shareholders. "By combining AKVA's industry-leading aquaculture expertise with Yanmar's global industrial capabilities, technology base and long-term ownership perspective, we see substantial potential to create value for customers and further strengthen the company's growth and innovation agenda," he said.

According to AKVA, Yanmar's offer is intended to provide the company with a platform to scale by leveraging Yanmar's capabilities, global resources and patient capital as a long-term industrial owner.

Tetsuya Yamamoto, executive vice president and representative director of Yanmar Holdings Co., Ltd, said the two companies' complementary technologies and global resources presented opportunities to deliver "next-generation integrated and technology-enabled solutions to sea-based and land-based aquaculture operators."

Yanmar is best known in aquaculture for its marine diesel engines but has broadened into a wider industrial conglomerate. According to AKVA, Yanmar today operates across the globe with the majority of its revenues generated outside Japan, serving markets including agriculture, marine, construction, industrial engines and energy systems.

Barring unforeseen circumstances, the share offer is expected to be completed in the fourth quarter of 2026.

## Sources

- [AKVA agrees £463 million sale to Yanmar](https://www.fishfarmingexpert.com/acquisitions-and-mergers-akva-group-aquaculture-technology/akva-agrees-463-million-sale-to-yanmar/2190241)

*Cite as: The Feed Report, "AKVA Group agrees NOK 5.9 billion sale to Japan's Yanmar", https://feedsoft.ai/articles/akva-group-agrees-nok-5-9-billion-sale-to-japan-s-yanmar-75cb30d6 (as of 2026-10-04).*