Aquaculture

Stolt Sea Farm scraps IPO plans as valuation falls short of target

The group started exploring a stock market listing for its fish farming business earlier this year but the process has been halted.

IPO plans for turbot and sole farmer Stolt Sea Farm have been put on the back burner for now, according to Niels Stolt-Nielsen, CEO of the Stolt-Nielsen Group.
IPO plans for turbot and sole farmer Stolt Sea Farm have been put on the back burner for now, according to Niels Stolt-Nielsen, CEO of the Stolt-Nielsen Group.Photo: Oyvind Elvsborg
Published 8 October 2021, 02:53Updated 8 October 2021, 11:57
Stolt Sea FarmInitial Public Offerings (IPO)TurbotRecirculating Aquaculture Systems (RAS)Farmed whitefish