August 31, 2023

Norway's Nekkar partners through joint investment in aquaculture industry supplier

Industrial technology group Nekkar ASA has partnered with BEWI Invest AS (BEWI Invest) through a joint investment in aquaculture industry supplier FiiZK — all these organisations are based in Norway.

FiiZK is a leading provider of closed cage systems for fish farming. The company also provides software tools for optimising fish farming planning, operations and analysis.

"This milestone marks a significant step forward in advancing Nekkar's investments in the aquaculture industry, including our Starfish closed fish cage solution," said Ole Falk Hansen, chief executive officer of Nekkar. "We are delighted to team up with BEWI Invest to jointly develop and position FiiZK for the expected future growth in closed fish cage solutions."

Nekkar is an industrial technology group offering impact technologies combined with high-end software and automation solutions. The foundation of the company's business is world-class mechanical engineering, electrification, automation and digitalisation. Nekkar applies this competence to develop disruptive technologies that offer high sustainability impact solutions, such as the Starfish closed fish cage.

- MarketScreener