AKVA group ASA has signed a letter of intent to sell all the shares in Washington-based Surefish Inc.

AKVA signed the letter with NSF International, a company organised under the laws of Michigan, US. AKVA has decided to sell the non-core activity carried out by Surefish in order to focus its core businesses.

The completion of the sale is subject to several conditions including the purchaser's due diligence. 

The purchase price is not revealed as the agreement has not been finalised. The deal is expected to close at September 30, 2009.

Surefish Inc is a seafood quality specialist and provides independent seafood inspections and expert consultations.