Norwegian aquaculture technology supplier AKVA Group has launched a strategic review to evaluate options for maximising shareholder value, including a potential sale of the company or other business combinations.
The company said the review follows several years of investment in technology, operational scale and system integration, which it said has strengthened commercial momentum across its business segments.
AKVA reported revenue growth from NOK 3.4 billion in 2023 to NOK 4.4 billion in 2025, representing a compound annual growth rate of 13.7%, alongside improved EBIT over the same period.
The board said the company’s current trajectory could allow it to exceed its previously announced 2030 targets of NOK 7 billion in revenue and an EBIT margin above 10%.
AKVA’s two largest shareholders, Egersund Group, which owns 51%, and Israel Corporation, which holds 18%, support the process, the company said.
The strategic review is expected to be completed during 2026, although the company said no decisions have been taken and any transaction would depend on market conditions and binding agreements.
DNB Carnegie is acting as financial adviser to AKVA, with Wiersholm serving as legal adviser.