Nordic Aquafarms, which is planning a massive land-based salmon farm in Belfast, Maine, is bringing in several former employees of Inter Aqua Advance (IAA), a Danish company that has served the recirculating aquaculture systems (RAS) industry over many years.

IAA declared bankruptcy at the end of August and Nordic Aquafarms was among its customers.

Nordic Aquafarms said it did not have any active IAA delivery contracts when the bankruptcy was announced, which means it had no economic exposure.

"We have the greatest sympathy for the competent and hardworking staff at IAA who became subject to this unfortunate event," said Erik Heim, CEO in Nordic Aquafarms.

Employment contracts have now been signed with a core team of previous key IAA employees. As a result, Nordic Aquafarms added new strategic RAS design, procurement and process installation expertise to its growing international organization, said Heim.

A Nordic Aquafarms subsidiary office is being set up in Aarhus, Denmark, "as an exciting addition to our global engineering capabilities. Our engineering resources will be merged into one seamless engineering team capable of delivering turn-key RAS projects."

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Aquaculture

Nordic Aquafarms adds RAS professionals to team