Fire at Atlantic Sapphire’s Denmark facility

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The salmon biomass is lost.

On September 15, at approximately 8:20pm CEST, a fire broke out in the facility in Hvide Sande, Denmark. All employees are safely out of the building and accounted for. There are no reported injuries. The fire is ongoing and the fire department is handling the situation at the Danish facility, according to an announcement from the company.

The company expects the full Danish facility will be impacted by the fire and that the damages will be material and substantial. The cause of the fire is currently unknown. The standing biomass in the Danish facility is expected to be lost.

Screenshot: Extrabladet

The Danish facility is insured against fire for the full book value of the facility of approximately USD33 million.

According to a tweet from the local Police, the fire was under control just before six o’clock Thrusday morning.