The Danish company has announced a partnership with Icelandic feed producer Fóðurblandan for the manufacture and distribution of aquafeed in the country.
Last year, the aquafeed company reached an all-time low FFDR of 0.37, and more than half of the marine ingredients used in its aquaculture feeds were trimmings.
BioMar has signed an agreement to take full ownership of LetSea, whose facilities provide "an ideal environment for testing feed and technology across the entire production cycle," the company said.