SalMar and Aker through its wholly-owned subsidiary Aker Capital AS, will eventually own 66.6 per cent and 33.4 per cent, respectively, of the joint company, SalMar Aker Ocean, which will comprise SalMar’s interests in its semi-offshore and offshore farming operations.
Aker will contribute up to NOK 1.65 billion in cash in three tranches. The company will continue the ongoing work within testing, learning, researching, and developing offshore farming operations, including through the world’s first operating offshore fish farm, Ocean Farm 1; and the technology of the innovative Smart Fish Farms to be positioned in offshore Norwegian waters, and eventually internationally.
Norway is currently at the forefront in developing this technology and industry worldwide.
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Blue whiting:
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