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Salmar Aker Ocean: Offshore aquaculture

SalMar Aker Ocean (SAO) is active in the emerging semi-offshore salmon farming industry.

Share of Aker's total assets (4Q23):
0.9%
Geographic marked:
International
CEO:
Roy Reite
Sector:
Seafood
Chair:
Atle Eide
Category:
Offshore aquaculture
Website:
www.salmarakerocean.no
Salmar square

Aker’s ownership agenda

In its role as owner, Aker is engaged to support the further growth and development of SalMar Aker Ocean, which aims to become a global player in the development of offshore salmon farming. SalMar Aker Ocean focuses on reliable and intelligent aquaculture, which meets the highest standards of fish welfare. Aker is open to considering strategic alternatives and possible transactions, that are in line with Aker's ownership agenda to maximize value creation for shareholders over time.


Aker owned 15 percent of the company’s shares per 31 December 2023, and 33.34 percent of the voting rights. Aker’s co-shareholder in SalMar Aker Ocean is SalMar, one of the world’s largest producers of farmed salmon, which owns 85 percent.

Sal Mar 4x6

Sucessful project development

SalMar Aker Ocean has completed two successful production cycles at the pioneering Ocean Farm 1 installation, located off the coast of Trøndelag, Norway. The experienced thus gained will be incorporated into the new and larger Ocean Farm 2, which is under development. The company has applied for permission to site the world’s first purely offshore fish farm, called the Smart Fish Farm, approximately 50 nautical miles west of Frøya in Central Norway.