The company expects its planned NOK 260 million (€32.7 million/$42.6 million) factory in Hasvik, Finnmark, to churn out up to 12 million smolt a year.
However, the group is keen to avoid being owned by aquaculture companies, which today own most of Norway’s smolt industry.
“We are keen to avoid situations where some receive seconds-sorting of fish because they are not co-owners,” Stein Hansen, who fronts the giant project, told IntraFish.
Today, Nord Norsk Smolt is owned by Kap Nord, a seed fund based in northern Norway, which typically exits its investments after four to six years.
And
