The rating was withdrawn on 20 Nov. 2023.
NorgesGruppen is a Norwegian grocery retail and wholesaling group which traces its origins back to 1866, when wholesaling company Joh. Johannson was established. The company is the market leader in grocery retail in Norway. It has stores in nine out of 10 municipalities. Its five grocery store chains are independent businesses which compete with each other. NorgesGruppen also runs delicatessens, bakeries, coffee shops, and a fast-food chain. The Johannson family controls the company, with a majority of the shares and votes.
Lerøy traces its roots back to 1939 as a seafood wholesaler and exporter. It has evolved into an integrated international seafood supplier with four key segments: Farming, Value Added Processing, Sales and Distribution, and Wildcatch. The company owns a large share of the UK's Scottish Sea Farms Ltd. through a joint venture. Austevoll Seafood ASA gained majority ownership in 2008. Lerøy and Austevoll Seafood are both listed on the Oslo Stock Exchange.