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Nordic Aqua Partners receives Chinese investment for farmed Atlantic salmon
Yahoo Finance· 2025-09-25 13:47
Nordic Aqua Partners (NOAP) has sold a minority stake in its China subsidiary to local investors as the business seeks to scale output of farmed Atlantic salmon. Oslo-listed NOAP said it has received 300m yuan ($42.1m) in return for a 20% interest in Nordic Aqua (Ningbo) Co. to help fund the completion of the second stage of its land-based salmon-farming operation in the city of Ningbo. The finance, from two unnamed Chinese investors, will also support phase three of the project, the plans for which will ...