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Artec Aqua, a Norwegian based turnkey supplier for onshore aquaculture, has signed a £150 million-plus (US$175.1 million) deal to build a large land-based salmon farm in Iceland.
Endúr ASA drives Nordic consolidation strategy by acquiring Artec Aqua AS 11 January 2021 - Marine infrastructure group Endúr has today entered into a share purchase agreement with Artec Holding AS, as seller, for the acquisition of Artec Aqua. Artec Aqua is a turnkey supplier of process facilities and solutions to the onshore aquaculture industry - both within smolt, broodstock and grow-out facilities. Endúr estimates that it will reach its 2022 revenue target earlier than previously announced. 'We recently acquired BMO Entreprenør, partly to strengthen our ability to take on lar...