Aquaship and Intership acquire FSV Group to form world’s second-largest aquaculture services provider.
Norway-based Aquaship/Intership have acquired Norway-based FSV Group, creating the world’s second-largest maritime services provider for the aquaculture industry.
The deal consolidates the companies’ operations into a single entity with an expanded fleet and wider geographical reach.
The enlarged group will operate 60 vessels, with an additional eight under construction, and employ over 1,000 staff across Norway, Chile, the UK, Ireland, Canada, and the Faroe Islands. The company will continue to deliver a broad range of services, including transportation, treatment, feed distribution, harvesting, and site services.
Headquartered in Møre og Romsdal, Norway, the merged companies will maintain their bases in Hareid, Molde, and Kristiansund. The acquisition reflects a strategic effort to address the aquaculture industry’s growing demand for efficiency and innovation in vessel operations.
Ole Peter Brandal, CEO of Aquaship, will remain as group CEO, while Arild Aasmyr will continue as CEO of FSV Group. Commenting on the merger, Aasmyr said:
“With global innovation hubs continuing to develop solutions to improve aquaculture vessel operations and resulting farmer production volumes and yields, [and] now with one of the industry’s largest network of vessel types and geographies to collaborate across, we will keep striving to anticipate and exceed customer expectations.”
The combined group is actively recruiting additional employees to support both onshore and offshore operations, signalling its ambition to scale further in the global aquaculture sector.
