Nordic-founded American Aquafarms has bought East Coast lobster facility.
In a press release, American Aquafarms writes that it has entered into an agreement to purchase the 100,000-square-foot Maine Fair Trade Lobster facility in Gouldsboro, Maine, USA.
The new company is in the process of establishing a hatchery, fish farm facilities, and a processing plant for salmon there. It has a 30,000-tonnes-year production target in its stage-one phase.
“Our next-generation technology addresses major challenges in the traditional aquaculture industry, through the use of an eco-friendly closed pen system that will set a new standard for finfish farming in the US,” the company wrote.
American Aquafarms’ CEO is founder Mikael Rones, the founder of investment company Global based in Trondheim, Norway. He is also the founder of the cod farmer Norcod. Eirik Jors, founder and former CEO of a Nordic securities firm, is the company’s vice president.
American Aquafarms is currently funded through an investor group from Norway, and has so far not been seeking external capital, it said.
“The company has however already been contacted by several investors that have voiced an interest in the project, and American Aquafarms will together with advisors now enter a dialog with potential strategic investors for future capitalisation of the company,” it added.