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With this acquisition, the aquatech provider adds a lighting technology company to its portfolio, complementing its product and service offerings.

Øren, who co-founded aquaculture technology firm Smir in 2015, takes on newly-created role as Group Chief Executive.

Smirfeeder™ is a waterborne feeding system designed for efficient and gentle transport of feed between silos and aquaculture tanks.

The system will be installed at two locations in PO6 and will be capable of supplying feed to up to 12 pens rigged for deep-water operation.

This acquisition will also strengthen the capacity and flexibility of Smir's fleet.

The land-based salmon farming company has also committed to two major R&D projects that focus on resource recovery and biogas potential.