The Kingfish Company is expanding its product line to additional retailers. The publicly listed company will now supply farmed yellowtail to meal-kit provider HelloFresh in the Netherlands.
The Kingfish Company also launched a ready-to-cook product with Whole Foods in the United Kingdom, after successfully listing its product at the Amazon-owned grocery chain last year.
The company said it has also earned the Friend of the Sea eco-label, The Kingfish Company's products are also certified and approved as sustainable under the Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP).
The Kingfish Company's Netherlands operation, Kingfish Zeeland, has begun commissioning of its phase 1 expansion, which was completed last year and increases production capacity from 650 to 1,250 metric tons per year of land-based yellowtail kingfish.
The Kingfish Company inked a contract at the end of December with recirculating aquaculture system (RAS) supplier Billund Aquaculture for further expansion of its Netherlands facility.
The company began trading on the Oslo Stock Exchange's Euronext Growth on Nov. 25, after successfully raising NOK 535.5 million (€50.2 million/$59.2 million) in a private placement.
Internal corporate restructuring has also concluded, the company said in a stock exchange announcement Feb. 15, with the set-up of a property company and EU farming entity, retaining all assets, operations, business activity and intellectual property under The Kingfish Company as the listed parent.
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