Atlantic Sapphire has entered into an agreement to lease its facility in Denmark to Maiken Foods, the company announced in a posting to the Oslo Børs.
According to the posting, the Atlantic Sapphire entered a short-term rental agreement with Maiken to facilitate a pilot for Maiken Foods’ fish farming. During the period, Maiken has an option to purchase the facility, which would enable it to set up a land-based salmon farming operation, Atlantic Sapphire said.
Atlantic Sapphire’s “Bluehouse” recirculating aquaculture facility in Denmark was impacted by a fire on 15 September, 2021. At the time, the company said its “full Danish facility” was impacted, and that the damage was substantial. Employees at the RAS facility all made it out safely, but the company said the fish it was raising in the facility at the time were lost.
After the fire, it took until May 2022 for the company to secure a USD 25.5 million (EUR 24.6 million) insurance payout, which it said it reinvested into its larger RAS farm in Miami.
In July 2023, Atlantic Sapphire Co-founder Thue Holm said the company’s demolition was nearing completion, and the company was interested in exploring new opportunities for the site...
