Havida and GroAqua merge to expand aquaculture technology reach
January 9, 2024 By RAStech staff
Aquaculture technology companies, Havida and GroAqua, are merging with the aim to strengthen their position in the international market.
Havida has a market presence in North and Central Norway while GroAqua is a contributor to fish farming growth in the North Atlantic region, with operations in Scotland, the Faroe Islands, Denmark, and Poland.
GroAqua CEO Suni Justinussen is happy to work with Havida. “With our broad product portfolio and production capacity, we have positioned ourselves firmly in the international market,” Justinussen said.
The merged entity will deliver a broad set of products and services, from simple solutions to extensive projects, complete with installation and after-sales service.
Tomas Sund, chief executive officer of Havida applauded the GroAqua team for being a strong one with a commitment to solid 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,” Sund said.
The management of Havida will become shareholders in GroAqua along with the remaining leadership of GroAqua and the industrial holding company P/F Tjaldur.
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