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25,000t land-based Norway salmon farm fully funded, PE becomes majority shareholder

EMK Capital has become the new majority owner at Arctic Seafarm, which is now beginning the first construction phase of its $250m hybrid flow-through system

By Neil Ramsden | Oct. 17, 2024 10:22 BST
Concept of Arctic Seafarm facility at Nesna. Credit: Arctic Seafarm
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Norway's Arctic Seafarm has announced its plans to build a land-based aquaculture facility in partnership with Kvaroy Fiskeoppdrett and new majority owner, private equity EMK Capital, can now move ahead, with the project fully funded to the tune of NOK 2.7 billion ($248.4 million). [...]

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