Benchmark Holdings PLC international acquisitions

Deal typeTransaction Services

BDO has recently provided financial and tax due diligence and tax structuring advice to Benchmark Holdings plc in relation to their proposed acquisitions of Stofnfiskur HF (Iceland) and SalmoBreed AS (Norway).    

The combination of both companies will create what the directors believe will be a world leading salmon and aquaculture breeding business and the world's second largest salmon egg producer. The acquisitions will create a fourth business division within the company, Benchmark Breeding & Genetics.   

The acquisitions represent a long-term platform to expand into other aquaculture markets and reflect Benchmark's continued commitment to the aquaculture industry.      

"We were once again delighted to work with BDO. Both the UK and International Transaction Services teams really impressed us with their commercial approach and their ability to pro-actively manage their relationship with overseas management teams, whilst keeping ourselves informed throughout the process. I would be happy to recommend their services should I be asked to".

Mark Plampin, Chief Financial Officer