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AKVA expands digital capabilities

AKVA group acquired 51% of the shares in Submerged to further strengthen its digital capabilities.

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August 30, 2023

AKVA group acquired 51% of the shares in Submerged to further strengthen its digital capabilities.

Submerged has successfully developed and commercialized a camera system and software for fish welfare, lice counting and biomass measurement. AKVA has the option to acquire 100% shares in Submerged in 2028 based on certain conditions.

“The acquisition of the majority stake in Submerged is of great strategic importance to AKVA and will further develop and complement our digital offerings to the market. By combining Submerged with our current digital products such as AKVA Fishtalk, AKVA Observe and AKVA Connect we are strengthening our AKVA Fusion® platform and can now offer a complete digital solution to enhance precision fish farming,” said Knut Nesse, CEO of AKVA.