Fish health supplier STIM opens subsidiary in Iceland

Norwegian supplier of fish health products and services for the aquaculture industry, STIM, has announced the establishment of its new subsidiary in Iceland, Stim Iceland ehf, which the company has described as its "first official foothold in the land of fire and ice." 

"As a global leader in fish health solutions with over 30 years of experience building sustainable aquaculture in Norway, Chile, and beyond, we're doubling down on Iceland's booming industry," the company said on LinkedIn.

STIM added that, after having been active in Iceland for years, delivering its smoltification method SuperSmolt to local partners, it is now taking it to the next level with its first Icelandic hire.

The company has appointed Bjarki Mar Johannsson as Customer Manager for Stim Iceland. He joins the company after serving as Head of Business Development at the pioneering land-based salmon farm GeoSalmo, bringing with him extensive experience in aquaculture and sales leadership.

Johannsson also shared the news via LinkedIn. "I'm thrilled to share that I've joined STIM Iceland ehf as Key account Manager, becoming the first local hire for STIM in Iceland," he wrote.

"Having worked in aquaculture for years, including my time at GeoSalmo, I'm excited for the opportunity to contribute to STIM's mission here in Iceland – a country with enormous potential in both land-based and marine aquaculture," he continued, commenting on his appointment.

"STIM has already made its mark in Iceland through innovative solutions like SuperSmolt, and now we're taking the next step with a stronger local presence. I look forward to working with Icelandic partners, veterinarians, and producers to support healthy, sustainable seafood production!" Stim Iceland's Customer Manager added.

Well-positioned in several markets, when Summa Equity announced its investment in STIM last year, its founder, Jim-Roger Nordly, stated that, with the backing of the investment firm, he was confident that the company could become a global leader in sustainability and health, not only within the salmon industry but across the seafood industry as a whole. The establishment of Stim Iceland ehf seems to be a step forward in that direction.

"This move underscores our commitment to supporting Iceland's vision for innovative, sustainable seafood production. We're ready to collaborate, innovate, and contribute our expertise to this dynamic ecosystem," STIM ended its announcement.