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PMH Norway offers advanced products for propulsion, dynamic positioning, maneuvering systems, and hydraulic systems, among others.

The two companies have signed an agreement for the automation of the new Lovund salmon slaughterhouse, which will be operational in the spring of 2026.

Lumic is collaborating with Blue Future Holding's Greenfox Marine to develop an integrated health station for juvenile fish.

The companies said this strategic partnership represents a breakthrough for developing commercial-scale RAS aquaculture for Atlantic salmon and trout in the US.

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.

The acquisition "aligns with EQVA’s strategy for growth and expansion within industrial services and the aquaculture segment," the company said.