New offshore aquaculture company created as SalMar seals the deal with Aker

Norwegian salmon farmer SalMar and industrial investment company Aker have closed their transaction to establish a global offshore aquaculture company.

First announced Aug. 26, SalMar Aker Ocean will operate offshore fish farming operations.

By combining Aker and SalMar's industry experience, leading competence in salmon production, software, and cleantech the aim is to create the world's most reliable and intelligent offshore farming operations with the highest requirements for fish welfare and a zero-emissions value chain ambition.

The company will initially focus on establishment of offshore fish farming in Norwegian waters, which will require establishment of a regulatory framework to manage offshore farming.