Mowi, a leading global salmon aquaculture company, has acquired Torghatten Aqua AS for an undisclosed amount. The transaction sees Mowi take ownership of the Norwegian investment and development company, which has established itself with roots on the Helgeland coast, focusing on profitable and sustainable businesses within the ocean industries. Torghatten Aqua's operations span sustainable aquaculture, research and development, tourism, and blue education, including the Campus BLÅ educational facilities on Toft.
Torghatten Aqua, previously a family-owned entity, has built a diverse portfolio of activities centered around marine resources. This includes aquaculture operations, a display facility for aquaculture, and a tourism complex featuring accommodation and a restaurant that serves local seafood. The company has also been a significant contributor to competence development, educating approximately 500 students and participants annually through its programs. Its long tradition emphasizes exploring new opportunities in ocean industries, from traditional aquaculture to new methods and species.
This acquisition is strategically significant for Mowi, allowing it to integrate Torghatten Aqua’s expertise in sustainable aquaculture practices, research, and educational initiatives. The move is expected to strengthen Mowi’s innovation capabilities and talent pipeline, particularly in the context of developing new methods and species within the ocean industries. Torghatten Aqua’s strong local roots and commitment to creating value and employment in coastal communities align with the broader industry focus on sustainable growth and regional development.
The combined entity is poised to enhance its position in the evolving ocean industries, driving forward sustainable practices and exploring new avenues for value creation. This purchase underscores a commitment to leveraging advanced research and education to meet future demands in seafood production and contribute to the economic landscape of the Helgeland region.