Nordic Aqua eyes IPO after landing $42 million in Chinese backing

With fresh capital from two Chinese investors and new long-term financing from local banks, Nordic Aqua Partners is preparing to scale its Ningbo farm to 20,000 metric tons of annual salmon capacity — and says a future IPO in China or Hong Kong is now on the table.

Ragnar Joensen is the CEO of Nordic Aqua Partners, the Norwegian company building a land-based Atlantic salmon farm in China. — Ragnar Joensen is the CEO of Nordic Aqua Partners, the Norwegian company building a land-based Atlantic salmon farm in China.Photo: Anders Furuset

Rachel Mutter

Correspondent

Published 25 September 2025, 07:10Updated 25 September 2025, 08:12

Nordic Aqua Partners China Land-based salmon Land-based aquaculture Investments