Mathias Kamprad, one of the sons of the founder of Swedish retail giant IKEA, Ingvar Kamprad, is part of a consortium of notable investors taking a majority stake in Sweden’s first large-scale commercial land-based salmon farm, Re:Ocean.

The new consortium of notable investors, called the Cibonum Group, said it wants to promote the sustainable and local salmon farming industry in Sweden through active ownership of Re:Ocean.

Alongside Kamprad, Cibonum Group’s largest investors include Swedish hedge fund manager and philanthropist Per Josefsson, media mogul and SeaBay Capital founder Pelle Tornberg, and serial investor Per Lindberg.