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The Norwegian aquaculture technology supplier is to deliver a module worth EUR 8.5 million to land-based salmon farmer Laxey as part of an ongoing post-smolt infrastructure project.

The global B2B marketplace for surplus industrial equipment makes its first foray into the aquaculture sector by partnering with leading Norwegian supplier AKVA.

The Norwegian aquaculture technology group reported a 29% increase in revenue and a substantial jump in EBITDA compared with the same period last year.

The Norwegian aquaculture technology group expects to raise NOK 140m from the sale of its 22% stake in workboat specialist Abyss to Arcus Infrastructure Partners.

Ståle Økland, formerly Group Director of Communications and ESG at AKVA, has been promoted to the newly-created role.

Billund was the original contractor on the project to build the 6,000-ton post-smolt facility in Årdal, Vestland county, Norway.