A Norwegian investment group takes major stake of Billund Aquaculture Group

Up to 48% of all shares The Billund Aquaculture Group has announced that 35% of all shares will be held by Havbruksparken Utvikling AS and 13% by Okapi Salmon AS. Thereby, Billund's founders, the Sørensen family, aim to address the demand for the growing RAS market. In addition, Havbruksparken Utvikling AS is also the…

ByRocio Álvarez JiménezAugust 8, 20220Comments

Aerial view of a shrimp farm. Photo: Nutreco.

News

Nutreco increases its stake in Eruvaka

Nutreco has announced that it will increase its stake in India-based Eruvaka to 93.7%, up from the 25.45% it entered the company in 2018. This acquisition of a controlling majority stake will enable Skretting, Nutreco's aquaculture business line, to deliver in-house on-farm software and smart equipment to shrimp farmers around the world so they can…

ByMarta NegreteAugust 5, 20220Comments

News

Hima Seafood obtains full financing to build the “world’s largest trout farm”

In Rjukan, Norway Hima Seafood has fully succeeded in financing the construction of the world's largest trout farm located in Rjukan, Norway. The facility has been designed by Eyvi and will be constructed by Total Betong. In more detail, the company has confirmed WeAreAquaculure that the funding came from two global infrastructure funds with a…

ByRocio Álvarez JiménezAugust 3, 20220Comments

Erik Tveteraas, Nutreco's Investment Director, by the ocean at Stavanger, Norway.

Talent view

Talent View: Erik Tveteraas

"You are the Norwegian here, Norway is a huge seafood nation, you have to manage this". With those words, Erik Tveteraas' aquaculture career began. Being "the Norwegian" was a great asset, having a certain personal interest in the subject and a family from Stavanger, in the region of Rogaland (a place with a great tradition…

ByMarta NegreteJuly 28, 20220Comments

News

University of Stirling aquaculture facility receives £1M investment

Through the Wolfson Foundation grant The National Aquaculture Technology and Innovation Hub (NATIH) has been awarded a Wolfson Foundation grant to improve modern aquaculture practice with a focus on sustainability. Also, to increase the economic, social, and environmental benefits of aquaculture. The NATIH will build on the University’s internationally renowned Institute of Aquaculture. Further, the…

ByRocio Álvarez JiménezJuly 19, 20220Comments

News

Blue Aqua Singapore receives an investment of €6.2M from Omani investment firm

First Muscat Investment House investment in the region Blue Aqua Singapore has received an investment of SGD 8.8 million (€6.2 million/$6.3 million) from Omani investment firm Muscat Investment House. Blue Aqua Singapore is the farming arm of Blue Aqua International, a global leader in shrimp aquaculture technology. Thereby, Blue Aqua Singapore will grow its operations…

ByRocio Álvarez JiménezJuly 18, 20220Comments

News

Aquabyte completes its $25M Series B financing

The investment has been led by SoftBank Ventures Asia Aquabyte has announced the completion of its Series B financing of $25 million. In more detail, the investment has been led by SoftBank Ventures Asia. The company uses computer vision and AI so fish farms can access the health, growth, and sustainability of their fish. Thereby,…

ByRocio Álvarez JiménezJuly 14, 20220Comments

News

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

News

Saudi Almarai plans to enter into seafood sector

The plan involves a $67 million investment Almarai approves plans worth $67 million to enter the Seafood Category and expands its investments in Parent Bird facility projects. Almarai is a Saudi-Arabian multinational dairy company that appears on the Saudi stock exchange list. Abdullah bin Nasser Al-Badr, CEO of Almarai, confirmed in a press release they will…

ByRocio Álvarez JiménezJune 23, 20220Comments

News

AquaChile invests more than 355M CLP in 2021 and creates 5,200 jobs

The company publishes reports about its labor and economic contribution to the country AquaChile has invested 355 million CLP on community issues during 2021. In addition, the company had 5,200 direct employees, 89% of whom live in the same region where they work. While indirect employment amounted to 3,458 people. Further, the company's supplier…

ByRocio Álvarez JiménezJune 3, 20220Comments

Get the latest stories into your inbox!

Sign Up to Our Newsletter