Global
Tytlandsvik Aqua AS acquires Fister Smolt AS
Grieg Seafood is pleased to announce that Fister Smolt AS has become an integrated part of Tytlandsvik Aqua AS.

Both companies have had a good collaboration over time, and the integration will not bring any changes to this partnership. This will help strengthen the value chain of the post-smolt venture for the owners of Tytlandsvik Aqua.

Tytlandsvik Aqua AS is owned by Grieg Seafood Rogaland AS, Bremnes Seashore AS, and Vest Havbruk AS in three equal parts.

– This acquisition is in line with Grieg Seafood’s post-smolt strategy, it makes it possible to increase the optimization of production and operations, with associated cost efficiency, says Nina Willumsen Grieg, CEO, Grieg Seafood.

Tytlandsvik has in recent years built itself up to become one of the world's leading suppliers of post-smolt for sea-based aquaculture. As announced last year, construction of the next two production halls will begin in March. Planned for completion in 2028, Tytlandsvik Aqua will have a total post-smolt capacity of around 9,000 tonnes per year.