Kenneth Andersen, from Strawberry Equities, joins Atlantic Sapphire board

As planned, Kenneth Andersen, CEO of Strawberry Equities AS, was appointed to the board of the land-based salmon company Atlantic Sapphire at the last extraordinary general meeting held yesterday. According to the official stock exchange announcement issued by the company, he was elected "in accordance with the recommendation of the nomination committee". Announced appointment Andersen's…

ByMarta NegreteAugust 4, 20220Comments

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Strawberry Capital of Petter Stordalen, major investor in Atlantic Sapphire

It bought an additional 1.28 million shares According to the latest Atlantic Sapphire AS shareholder list, Strawberry Equities AS owns now more than 4.1 million shares in the company, after buying an additional 1.28 million shares. It seems that the ownership corresponds to approximately 3% of the salmon farming company shares. Petter Anker Stordalen is…

ByRocio Álvarez JiménezJuly 27, 20220Comments

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The Pelham Small Cap Fund buys up to 11% ownership in Atlantic Sapphire

A total shareholding of 14,035,908 shares The Pelham Long/Short Small Cap Master Fund Ltd has been allocated 7,207,317 shares in Atlantic Sapphire ASA private placement. The price per share is NOK 20.50. This means a total shareholding of 14,035,908 shares which represents 10.02%. The new shares in the private placement (including the second tranche approved…

ByRocio Álvarez JiménezJuly 26, 20220Comments

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Kenneth Andersen, CEO of Strawberry Equities, potential board member in Atlantic Sapphire

After second largest shareholder offers to step down as board director Kenneth Andersen, CEO of Strawberry Equities AS, will have the opportunity to join the Atlantic Sapphire board after Runar Vatne, the land-based producer's second-largest shareholder, has offered to voluntarily resign from the board of directors. Thereby, the Nomination Committee had proposed that Andersen would…

ByRocio Álvarez JiménezJuly 20, 20220Comments

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Nordlaks invests in Atlantic Sapphire part of the money set aside to buy a growth permit in Norway

Norwegian salmon producer Nordlaks is to invest in Atlantic Sapphire part of the money set aside to buy a grow-out permit in Norway at next autumn's auction. Its Board Chairman, Kjell Bjordal, has confirmed that this investment across the Atlantic is related to the wealth tax now being introduced on licenses owned by Norwegian private…

ByMarta NegreteJune 29, 20220Comments

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Atlantic Sapphire receives $33M in insurance settlement for the fire

It occurred in Denmark on September 15th, 2021 Atlantic Sapphire has received $33 million (DKK 180 million) in insurance settlement for the fire that occurred in the company’s plant in Denmark on September 15th, 2021. According to the company, this will serve its US operations and construction. Also, it will continue to review the company’s…

ByRocio Álvarez JiménezMay 11, 20220Comments

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Atlantic Sapphire’s new site construction to be delayed due to concrete shortages

The company will require additional funding for the second phase of its project Phase 2 development of Atlantic Sapphire's Miami salmon production site will be delayed because of concrete shortages and inflationary costs. The company will need more than the remaining $62 million (€59 million) to complete the work. According to the company, labor, truck…

ByRocio Álvarez JiménezMay 6, 20220Comments

Thue Holm with one of Atlantic Sapphire's Bluehouse salmons.

Talent view

Talent View: Thue Holm

Passion, love, interest… these are three words that slip into the conversation when you ask Thue Holm why aquaculture. But, let’s be honest, these are not words that are alien to us when we ask other people in the industry the same question. However, when he tells it, an idea of a perfect recipe forms…

ByMarta NegreteApril 21, 20220Comments

Atlantic Sapphire Denmark's facilities before the fire. Photo: Atlantic Sapphire.

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Danish police conclude that the fire at Atlantic Sapphire facilities does not appear to be arson

They still do not know what caused the fire Danish police have closed the investigation into the fire that on September 15, 2021, swept through Atlantic Sapphire facilities in Hvide Sande, Denmark, finding no indication that the fire was started intentionally. Following the investigations carried out, the Central and West Jutland Police have said that…

ByMarta NegreteApril 4, 20220Comments

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Jon-Birger Løvik, new chief operating officer at Atlantic Sapphire

Internal promotion The pioneer land-based salmon farmer has announced that Jon-Birger Løvik is their new COO. In practice, this appointment is an internal promotion, since Løvik had been working in Atlantic Sapphire as Director of Aqua Technology and Deputy COO from March 2021. Moreover, from 2015 to 2018 he has already been the company's CEO…

ByMarta NegreteMarch 8, 20220Comments

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