Atlantic Sapphire doubles up on land to expand production capacity

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Additional 80 acres will support move to expand production capacity to 220,000 tonnes a year annually by 2030.

In a press release today, Atlantic Sapphire – the land-based salmon farmer who is building a huge site in Miami, Florida – has entered into an agreement to purchase an additional 80 acres of land adjacent to the existing 80 acres already being developed for its US operation. The USD 5 million transaction is expected to close within 30 days.

“The acquisition of this property will support Atlantic Sapphire’s plan to expand production capacity to 220,000 mt annually by 2030 as well as develop additional vertical integration opportunities,” wrote Atlantic Sapphire.

The company – founded by Norwegian salmon entrepreneurs Johan Andreassen and Bjorn-Vegard Lovik – announced that Svein Taklo has accepted the position as Chief Development & Infrastructure Officer (CDIO). Mr. Taklo’s expected employment starting date will be on October 1st 2019. “Mr. Taklo brings extensive experience from the cruise shipping industry, managing engineering projects and maintenance operations,” the company added.