New investors join Billund Aquaculture
Monday, August 8, 2022
A Norwegian investment group will take a major stake in the Billund Aquaculture Group. With its new shareholders, Billund's founders, the Sørensen family, aims to tap into new opportunities and address the demand for the growing RAS market.
Under the new ownership structure, 35% of all shares will be held by Havbruksparken Utvikling AS and 13% by Okapi Salmon AS. Havbruksparken Utvikling AS is also the majority owner of Aqua Kompetanse AS, a company that provides consulting services to the aquaculture industry.
The group CEO of Billund Aquaculture, Christian Sørensen, said that “bringing these experienced players into our company is very positive news, especially considering the vast know-how they have gathered in the aquaculture business over the years. Furthermore, our new ownership puts us in a very strong long-term financial position that will help keep us at the forefront of the global market for the development of large-scale RAS projects.”
Behind the new shareholders are three Norwegian families with significant and long-standing interests in the aquaculture industry:
- The Refsnes family owns part of the salmon producer Refsnes Laks and is the founder of Columbi Salmon.
- The Lofsnæs family owns the salmon producer Bjørøya.
- The Rasmussen family has major investments in real estate and the software industry.
These new investors will strengthen Billund Aquaculture's operations worldwide, including the Norwegian market, where the company has developed smolt and post-smolt projects for over 15 years. Billund has significant growth plans with several facilities already in the pipeline.
Photo caption: Group CEO of Billund Aquaculture, Christian Sørensen.
Check out the latest industry job openings in our Job Board.
We are social. Connect with us on:
Sign Up For Our Publications
Select a newsletter/magazine and submit your e-mail to subscribe.