Seaqloud acquires Sematek to expand aquaculture sensor offering.
Seaqloud, the Bluefront Equity-owned software and sensor technology provider to the seafood industry, has acquired Bergen-based Sematek, a supplier of leak detection and load cell sensors for fish farming and maritime operations.
The transaction, Seaqloud’s third acquisition in two years, follows its purchases of software company Naviaq and Meox’s “Guardian” environmental monitoring products. Financial terms were not disclosed.
Seaqloud said integrating Sematek’s products will enhance operational reliability for fish farmers by improving environmental monitoring and maintenance planning. Sematek also supplies wave breakers and provides service for floating installations.
The deal expands Seaqloud’s geographic presence from its existing base in northern Norway into the Vestlandet region. Sematek will continue to operate as a separate legal entity with all employees retained.
In 2024, Sematek reported NOK 13.2 million in revenue, up 44% year-on-year, and operating profit of NOK 2.0 million.
Bluefront Equity, headquartered in Oslo, focuses exclusively on investments in small and medium-sized seafood companies.
