Eide has previously held positions with Skretting, Marine Harvest, Pan Fish and SalMar.
Atle Eide, Chairman of Nordic Aqua Partners, has increased his investment in the company, purchasing 20,000 shares at a rate of NOK 92 per share.
Eide, the former chairman of Norwegian salmon farming giant SalMar, – and onetime CEO of Pan Fish, the company that would eventually become Mowi – carried out the transaction through investment company Maringto. The purchase represents a total investment of NOK 1,840,000 ($175,000), as announced in a statement on Wednesday
Post-transaction, Maringto AS’s stake in Nordic Aqua Partners has risen to 157,146 shares. This move marks a significant investment one year after Nordic Aqua Partners, a firm specializing in land-based aquaculture in China, enlisted prominent figures from the aquaculture industry to enhance its operations.
Among these appointments were Ragnar Joensen, taking over as CEO, and Atle Eide as the new chairman. Therese Log Bergjord and Aino Olaisen also joined the board during this period.
At the time, Eide bought some 115,000 shares in the land-based salmon farming company, at a price of NOK 65 per share, also through Maringto.
Oslo-listed Nordic Aqua Partners is currently operating a land-based salmon farming facility in Ningbo, China, and plans to start harvesting commercially in March.
Eide is a highly respected figure within the salmon industry, known for his extensive experience with and expertise in aquaculture. He has previously held positions with Skretting, Marine Harvest, Pan Fish and SalMar.
