Graintec A/S and ImpactMarine entered into a strategic cooperation agreement to accelerate the development of ImpactMarine’s pipeline of controlled environment aquaculture businesses and expand the deployment of Graintec’s RAS technology into new markets.
As a result of the strategic cooperation, the companies plan to work together to develop and deliver a minimum of four facilities for salmon and seabass. The cooperation will accelerate and enhance the development of both Graintec and ImpactMarine and provide the foundations for the long-term position of both companies as leading players in the global aquaculture industry.
The cooperation will provide Graintec with early mover access to new markets for RAS and a partner for the joint development, testing and deployment of future technologies, as well as a committed pipeline of projects. ImpactMarine will benefit from the committed access to design and development resources for future projects, as well as access to new aquaculture developments and shorter development lead times.
Michael Mortensen, CEO Graintec, said, “we are very excited to partner with ImpactMarine. They have an ambitious plan and a business model with a fantastic ESG (Environmental, Social & Governance) proposition. The strategic cooperation provides a strong foundation for us to deliver on our commitment to developed reliable and sustainable farming solutions to support the production of better fish for more people”
David Hampton, CEO ImpactMarine, said that “the strategic cooperation agreement with Graintec is an important step in the development of ImpactMarine. Having a long-term agreement with Graintec provides ImpactMarine with access to industry-leading expertise in RAS and will also ensure that we are able not only to deliver our immediate plans but also that both we and Graintec are seen as leaders of the blue revolution over the coming years.”