Norwegian Fishfarming Technologies AS sold to Longship AS

Sectors: 
Agribusiness
Deal description: 

Norwegian Fishfarming Technologies AS (NOFITECH) develops user-friendly, cost effective and compact RAS (recirculating aquaculture system) solutions for the aquaculture industry. NOFITECH is one of the market leaders within RAS solutions and has experienced very strong growth over the last 2 years. To accelerate further growth and internationalisation the owners of NOFITECH started a process to find a strategic partner together with Impello. In February 2018, Longship (Private Equity Group based in Norway), acquired a majority position in NOFITECH AS.

In 2018, Impello Management AS, member of Globalscope, the international M&A network, provided advisory services to Norwegian Fishfarming Technologies AS based in Norway in an M&A transaction with Longship AS, based in Norway. Please contact Impello Management AS for more details.

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