Japanese giant Mitsui is investing a further JPY 7.85 billion (€50 million/$55.2 million) into land-based rainbow trout producer FRD Japan as part of a JPY 21 billion (€133.7 million/$147.5 million) capital increase.

Mitsui will hold a 50.4 percent fully diluted stake in FRD after the completion of the investment, it said.

Other investors in the capital raise include Air Water, STI Food Holdings, Sekisui Chemical Co, Haseko Corporation, Sumitomo Mitsui Trust Bank, and MUFG Bank.