In February, processing giant Pelagia became the majority owner of sludge handling expert Blue Ocean Technology. Pelagia has now acquired the remaining shares, making it the 100% owner of Blue Ocean Technology.
Blue Ocean Technology, founded in 2012, develops sustainable, compact, and energy-efficient solutions for dewatering and drying aquaculture sludge. The company has delivered systems along the Norwegian coast and internationally, and is also advancing technology for sustainable, profitable downstream concepts.
Arve Janbu Fresvik, Managing Partner at Momentum Partners and former chairman of Blue Ocean Technology, stated, “We are happy to hand over the baton to Pelagia after we have built a good starting point for solving an important challenge for the industry. A comprehensive solution for handling sludge in the farming industry needs an industrial approach that Pelagia has the best prerequisites for success with.”
Pelagia, a supplier to the aquaculture industry, provides technical solutions for handling trimmings, fish guts, and dead fish, as well as contingency solutions for fish in the sea. The company has established logistics solutions both at sea and on land.
Egil Magne Haugstad, CEO of Pelagia, commented, “Pelagia has tremendous faith in this segment. By now taking over all of Blue Ocean Technology, we can seamlessly integrate Blue Ocean’s technology with our logistics solutions, knowledge, and networks in the industry at home and abroad. We have clear ambitions to become the preferred total supplier in the profitable and sustainable handling of aquaculture sludge – both on land and at sea.”
Pelagia is a leading producer of pelagic fish products for human consumption and essential ingredients for fish and animal feed. The company operates in Norway, the United Kingdom, Ireland, Denmark, and Ukraine, and is jointly owned by Austevoll Seafood and Kvefi
