Icelandic private equity fund Haf Investments has acquired NP Innovation, a developer and producer of water treatment products for the aquaculture industry.
The purchase, which is still subject to regulatory approval in Iceland, adds to the investment fund’s growing portfolio in the seafood industry and blue economy businesses since its founding in February 2023. Haf Investments was recently part of a NOK 20.4 million (USD 1.8 million, EUR 1.7 million) tranche in Oslo, Norway-based Regenics, and it also purchased a 53 percent stake in Thor Landeldi, which is building a 20,000-metric-ton Atlantic salmon farm in Iceland.
NP Innovation was founded by Nils-Åke Persson in 2011. The Malmö, Sweden-based company specializes in micro-particle separation and water treatment technologies and produces disc filters, drum filters, degassers, and biofiltration solutions.
According to Haf Investments, most of NP Innovation’s sales are based on Atlantic salmon farming and are used in smolt production facilities, land-based grow-out facilities, well boats, and in sludge collection. The company’s sales in 2024 reached ...
