The management of Havida will become shareholders in GroAqua.
Norwegian aquaculture technology supplier Havida and Scottish water treatment supplier GroAqua, are merging.
The alliance is aimed at strengthening their positions in the international market by providing working together to provide technological solutions for sustainable fish growth, the companies announced on Monday.
Brønnøysund-based Havida holds a strong market position in Northern and Central Norway. While GroAqua specialises in facilitating fish growth by remotely monitoring and controlling the feeding and breeding process – both in seawater and freshwater. The company is well established internationally with operations in Scotland, the Faroe Islands, Denmark, and Poland.
Tomas Sund, CEO of Havida commented: “At GroAqua, we’ve met a strong and positive team with deep commitment to their high-quality work. They really share our vision. Partnering with GroAqua will help boost our growth, driven by an ambitious expansion strategy in the Norwegian market and will create job opportunities along the coastline.”
Suni Justinussen, CEO of GroAqua, added, “We are excited to welcome the skilled team from Havida. Our highly qualified personnel across Norway, Scotland, Poland, Denmark, and the Faroe Islands are committed to deliver unparalleled service to our clients in these regions. With our broad product portfolio and production capacity, we have positioned ourselves firmly in the international market.”
The merged entity will deliver a broad set of products and services, ranging from simple solutions to extensive projects, complete with installation and after-sales service.
The management of Havida will become shareholders in GroAqua along with the remaining leadership of GroAqua and the industrial holding company P/F Tjaldur.