Norway’s Amar Group acquires Halibut P.E.I. facility
CHARLOTTETOWN, P.E.I. — Amar Seafood P.E.I. Ltd., a subsidiary of Norway’s Amar Group, has acquired the Halibut P.E.I. facility and broodstock holding.
In a Could 10 launch, Amar Group mentioned the acquisition brings potential for synergies with its work on noticed Atlantic wolffish farming operations in Canada and Norway.
The corporate mentioned it hopes to additional broaden wolffish and halibut species into commercially viable and environmentally sustainable land-based aquaculture companies.
“P.E.I. is ideally fitted to the develop out of each halibut and wolffish as a result of supreme properly water salinities and temperatures, which deliver year-round stability to the operation in a cheap method,” mentioned Amar Group CEO Bjørn Apeland. “We stay up for persevering with and strengthening relationships with key stakeholders on Prince Edward Island and to additional creating the work performed by Halibut P.E.I.”
Rory Francis, P.E.I. BioAlliance CEO, mentioned he welcomes the funding in Halibut P.E.I.
“This funding enhances the superb popularity that P.E.I. has for high quality seafood merchandise in North America,” mentioned Francis “(Amar’s) use of superior applied sciences from high quality broodstock, to fish well being and diet, to closing product, creates the circumstances for sustainable and environmentally accountable development within the sector.”
