The aquaculture genetics, health and advanced nutrition company has completed the sale of its wholly owned subsidiary FVG Ltd to Pharmaq, part of the global animal health company Zoetis, for an enterprise value of around £15 million.

The sale comprises Benchmark’s veterinary and diagnostic services activities in the UK, Ireland, Norway and Chile.

Wiersholm assisted Benchmark throughout the process and would like to congratulate all parties involved on a successful transaction. Our team was lead by partner Gunhild Dugstad, and team members also included managing associate Svein-Helge Hanken and associate Henrik Kværner Helliesen.

Read the full stock exchange announcement from Benchmark here.