Seafood investor Bluefront Equity is using its latest fund to acquire a 60 percent share in Proff Kulde, a Norwegian supplier of refrigerant and heating solutions for the seafood industry.

“Although Proff Kulde is a relatively small company, its pace of innovation and sustainability focus is far ahead of other companies in this segment," said Bluefront partner Simen Landmark. "Targeted R&D efforts have for many years been key to develop cost-efficient and sustainable solutions with minimal environmental impact."

Several years ago, Proff Kulde chose to invest in its own technology development by improving traditional solutions that were not perfectly suited to the seafood industry.