May Invest Equity becomes part owner of Vega Sea A / S

May Invest Equity has signed an agreement with the current owners of Vega Sea A / S to acquire a 45% shareholding in the company. Vega Sea Group is one of Europe's leading manufacturers of highly processed salmon products and an annual turnover of around ½ billion DKK An ambitious growth strategy to double turnover to 1 billion DKK in the next 4-5 years. "We are undergoing a significant expansion and include by constructing a new modern factory in Flensburg on 11,000 square meters, which will help to ensure a strong and competitive platform for our growth plans. We see a large international growth potential for Vega Sea's products both new and existing markets. To support this development, we therefore wanted to have a solid and experienced partner in shareholders, "says Vega Sea's CEO and co-owner, Kent Jensen. In May Invest Equity looks Managing Partner Erik Holm good opportunities to Vega Sea can realize its ambitious growth plan: "The food industry has a stable underlying growth and is only slightly affected by fluctuations in the global economy. Vega Sea has potential to become market-leading manufacturer of high value-added salmon products in selected markets. Vega Sea will primarily grow through aggressive organic growth plan that will probably be supplemented by acquisitions. To achieve this goal may include May Invest contribute with experience, networks and capital resources, "he says. "It's a challenge to bring Vega Sea to the next step in its growth phase. We've been through a long and valuable dialogue with May Invest Equity and is completely aware that they are the right partner for us and that we can realize its full potential, "says Roald Vedelgart, COO and co-owner of Vega Sea . In May Invest Equity Managing Partner Erik Holm great expectations for the investment in Vega Sea, "Vega Sea is an incredibly exciting and expansive future. The founders have done a fantastic job of building the company to its current level and created a good platform to take the next step. We are pleased to have the opportunity to invest in this team who have already proven that they can deliver strong results. " The share sale is awaiting final approval from competition authorities and expected to be completed end January 2012. The parties have agreed not to disclose the purchase price. About Vega Sea A / S Vega Sea Group was established in 2010 as a merger between Vega Salmon (Roald Vedelgart) and Seamore (Kent Jensen). The main activity consists of processing and processing of smoked and fresh salmon, most of which are exported to the European market. The Group has in average approx. 200 employees in three locations in Denmark and one in Sweden. For further information see www.vegasalmon.dk About May Invest Equity (formerly LD Invest Equity) With a total capital commitment of approximately 8.5 billion DKK, more than 30 portfolio companies and 20 investment staff is May Invest Equity, a leading private equity player in Denmark. May Invest Equity has roots in LD, as in his many years in private equity has created the foundations for May Invest Equity's strategy is focused on business development and responsible ownership. Source: www.majinvest.com - January 3, 2011