AKVA reports ‘significant year’ in 2019

THE AKVA group, one of the main technology and service providers to the aquaculture sector, achieved an order intake of four billion kroner – or £311 million – last year, it has revealed in its annual report. CEO Knut Nesse described 2019 as a year of ‘significant milestones’ with revenues of more than NOK 3…

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Akva announces Egersund acquisition

AKVA Group is to buy Egersund Net for a reported 750 million NOK (£68.50 million), the company announced yesterday, strengthening both companies’ offerings to the aquaculture industry. The deal seals a close collaboration between the two firms, which recently agreed that Egersund would be represented by Akva in all export markets outside Norway. ‘Egersund Net…

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Subsea salmon farm gets go ahead

A JOINT venture between Norway\’s Akva Group, Sinkaberg-Hansen and Egersund Net has been given approval for one development licence by the Norwegian Directorate of Fisheries. The consortium had applied for six licences for its industrial scale submersible salmon farm project, Atlantis Subsea Farming (ASF), in January 2016. In March 2017, the Directorate gave approval for ASF…

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