January 16, 2024

Aquaculture tech firms GroAqua and Havida merge

Aquaculture technology companies GroAqua and Havida have merged to form what they call a strategic alliance that aims to strengthen each company's position in the global market.

Norway-based Havida is an aquaculture technology company that has developed a range of products like Havida Sense, which integrates technology throughout net pens to optimise and streamline Atlantic salmon production. The company has worked with multiple high-profile salmon farmers, like Mowi, SalMar and Cermaq.

GroAqua has locations in Scotland (UK), Norway, Poland, Denmark and the Faroe Islands. It has been operating for 52 years and created remote monitoring technology for feeding and breeding Atlantic salmon.

"At GroAqua, we've met a strong and positive team with deep commitment to their high-quality work. They really share our vision," said Havida chief executive officer Tomas Sund in a release. "Partnering with GroAqua will help boost our growth – driven by an ambitious expansion strategy in the Norwegian market – and will create job opportunities along the coastline." 

Both company's products are complementary to each other – as are each organisation's "culture and ambitions," according to GroAqua and Havida.

The merged company will see the management of Havida become shareholders in GroAqua, along with the remaining leadership of GroAqua and the industrial holding company P/F Tjaldur.

"We are excited to welcome the skilled team from Havida. Our highly qualified personnel across Norway, Scotland, Poland, Denmark and the Faroe Islands are committed to delivering unparalleled service to our clients in these regions," said GroAqua CEO Suni Justinussen. "With our broad product portfolio and production capacity, we have positioned ourselves firmly in the international market."

- SeafoodSources