Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsRegionsEuropeVard steps up move into aquaculture buying equipment supplier Storvik Aqua

Vard steps up move into aquaculture buying equipment supplier Storvik Aqua

Vard steps up move into aquaculture buying equipment supplier Storvik Aqua
Offshore shipbuilder Vard Holdings is continuing its moves into the aquaculture business acquiring equipment supplier Storvik Aqua.

Vard is paying NOK35m ($4.29m) for Storvik Aqua, which provides feeding, measurement and control solutions to the aquaculture industry.

Vard is one of number of companies that is trying to fight the slump in the offshore sector by moving into aquaculture. It said that Storvik Aqua’s products would enable Vard Aukra shipyard to deliver specialized vessels for fish farming with innovative integrated solutions.

“Through this acquisition, Vard confirms its position as a provider of innovative solutions for the aquaculture business,” said Roy Reite ceo and executive director Vard.

Storvik Aqua has a production facility in Norway with subsidiaries in Scotland and Chile.

TAGS: Offshore Shipyards Regions vard
Related
Idwal-Article-Artwork[66].jpg
The evolution of vessel inspections with George Haysom, Idwal
Apr 18, 2024
autonomous car shut down with traffic cone
AI and chartering – shipping is the nemesis of algorithms
Apr 18, 2024
HLAG_Rolf_Habben_Jansen_013_edit_150x100mm_300dpi.jpg
Hapag-Lloyd aims to consolidate position in top 5 container lines
Apr 18, 2024
Optimarin CEO Tore Svanheld
Optimarin reveals post Ballast Water Convention strategy
Apr 17, 2024