Endur, a Norway-based company engaged in aquaculture, energy and maritime services, is acquiring Norwegian recirculating aquaculture system (RAS) equipment supplier Artec Aqua, as the company ramps up its focus on the land-based farming segment.

Endur entered into a share purchase agreement with parent company Artec Holding to buy 100 percent of the shares in Artec Aqua for an equity value of NOK 690 million (€66.8