Coast Seafood takes Roadfeeders



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Roadfeeders, one of the largest cargo handling companies at Oslo Airport Gardermoen, had to bid on Wednesday.

The night from Friday to Friday, the company had new owners.

This confirms the lawyer, Jon Erling Skjørshammer, a lawyer in Sands, against Hegnar.no.

The buyer is Coast Seafood, one of the largest salmon and trout exporters in Norway.

The agreement was put in place after working with various actors since Wednesday to take over the reins of the company, he said.

"It's very important – if we had not reached this deal overnight, a lot of salmon exports had stopped," Skjørshammer said.

The price is currently unknown.

Red numbers

The truck drivers have problems with the laboratories for several years.

During the five-year period between 2012 and 2016, the year of the last available accounts, the company made a profit only once.

This was in 2015, when the annual result amounted to 640,000 crowns with a record 127.2 million NOK.

Total losses for the period amounted to 19 million NOK.

Last year, Roadfeeder's revenues reached 126.8 million NOK.

The investor Jan-Erik Warbo owned 51%, while his brothers Lene and Lars Inge Mellum owned 49%. Inn up to now.

"There are compelling reasons for it not to go further," said Lene Mellum, CEO of Roadfeeders, at Romerike magazine on Wednesday, when bankruptcy was a fact.

"At the same time that we were using our new facility within the Oslo Airport Barrier, Avinor has launched plans for its new seafood center. As a result, many customers have sitting on the fence to wait for their opportunities, she said.

Roadfeeders moved in 2016 to a brand new terminal with cold stores, dry warehouses and several special flights for air cargo.

billions of business

The new owner, Coast Seafood, does not fight against profitability, unlike Roadfeeders.

The Group, a major fish exporter based in Måløy, exports around 90 million tonnes of seafood products per year to 65 markets.

In 2017, the turnover amounted to 4.3 billion NOK, or NOK 101.5 million, against NOK 77.8 million in 2016.

The company was founded in 1994 by Sverre Søraa and Martin Øvrebø, respectively General Manager and Vice President.

With the acquisition of Roadfeeders, the company has access to Gardermoen's new state-of-the-art terminal facilities, inaugurated in 2016.

Roadfeeders' customer list includes more than 80 companies. The most important among them are Norwegian, KLM / Air France, Turkish Airlines, Thai Airways and Singapore Airlines, according to Modern Transport.

The CEO of Coast Seafood is with the Norwegian delegation in China and did not respond to our inquiries on Friday. Helle ikke Øvrebø, including her travels, was available for comment.

Hegnar.no also tried to comment on CEO Lene Mellum in Roadfeeders, without success.

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