Norwegian land-based salmon farmer raises further $60 million in private placement

The new funds will be used to expand the company's production capacity at its Kvalnes, Norway, site.

Earlier this month, Andfjord CEO Martin Rasmussen said the group was expanding and now plans to produce up to 40,000 metric tons of fish by 2030. — Earlier this month, Andfjord CEO Martin Rasmussen said the group was expanding and now plans to produce up to 40,000 metric tons of fish by 2030.Photo: Silje Helene Nilsen

Dominic Welling

Farmed salmon Land-based aquaculture Land-based salmon Andfjord Salmon Martin Rasmussen

Published 27 June 2023, 08:02Updated 27 June 2023, 12:50