Articles tagged with “businessexpansion”

Norwegian aquaculture firm Kaldvik AS has raised capital through a new share issuance to fund the purchase of key assets in Iceland's east coast fish farming sector. The acquisition forms part of the company's strategy to expand its footprint in the region and bolster its position within the aquaculture value chain. The deal will enhance Kaldvik's operational capabilities in Iceland, where the company aims to capitalize on growing opportunities in fish farming. Industry observers note the move could strengthen the firm's competitiveness in the Nordic aquaculture market. No financial details of the transaction were disclosed. Kaldvik's leadership emphasized the long term benefits of securing these assets for sustainable growth in the region. The company expects the acquisition to streamline its supply chain and improve production efficiency.