Kristiansund, Norway-based seafood-processing technology firm Stranda Prolog filed for insolvency on 5 September, 2022, in Norway’s Møre og Romsdal district court.
Marel, which purchased a 40 percent ownership stake in the company in January 2021, said it would take an estimated EUR 7 million (USD 7 million) impairment in its Q3 2022 financial accounts as a result of the move.
Founded in 1946, Stranda Prolog manufactures helix tanks, fish pumps, stunners, fish care products, and net-cleaning solutions. It had EUR 25 million (USD 25 million) in annual revenue and around 100 employees pre-COVID, and enjoyed relationships with many of the world’s largest salmon-processing firms ...
Photo courtesy of Stranda Prolog
