Private equity firm Ocean 14 Capital’s investment in Norwegian company Aion has potential to benefit the wider fishery and aquaculture sectors.

Ocean 14 Capital acquired about 18 percent of the spinoff from Norwegian krill harvest company Aker BioMarine last month. The company offers products and services to firms looking to recycle and reuse waste into new circular product solutions.

With its solutions, Aion can help the fishing and aquaculture industries to save money as well as cutting emissions, Ocean 14 Capital co-founder Chris Gorell Barnes told IntraFish.