After recently entering aquaculture for the first time – through its joint venture with land-based salmon farmer Salmon Evolution -- South Korea’s largest seafood company, Dongwon Industries, is eyeing further expansion and collaboration with Norway.

Myoung Woo Lee, CEO of the company, said the realization that -- as a vertically integrated global company -- Dongwon was not involved in aquaculture was an “eye opener for me."

“It didn’t take long to identify aquaculture as a new growth engine for Dongwon in the next 50 years to come,” he said.