A stronger Billund Aquaculture

Broodstock Capital, which is owned by Norwegian Ferd, has increased its holding to 67 percent in Billund Aquaculture. CSS Holding, which is owned by founder Christian Sørensen, has also contributed with capital and owns 22 percent, while HOS Holding, which is owned by founder Oluf Sørensen, has reduced its stake to 11 percent.

- We are confident that Billund Aquaculture will strengthen its global position in a growing market for land-based fish farming. We are happy to provide the company with capital to be able to grow further together with founder Christian Sørensen. Our ambition is for Billund Aquaculture to take a clear and offensive position as a market leader in a market that we have high expectations of, says director of Broodstock Capital, Jan Erik Løvik.

Founder Christian Sørensen resigns as chairman of the board and gets an advisory role and thus more time to use his experiences from 35 years in the industry in a more active way for the company. Among other things, he will ensure the exchange of expertise and experience in the group, he will be an active participant in strategic projects, and he will, together with the strong team in the Billund group, help to carve out how Billund Aquaculture and the other companies in Billund Group will work with technology development.

Anders Wilhjelm is the new chairman of the board. He has got a long and extensive international experience from large projects and development companies. Wilhjelm currently works as Group CEO in
Norican Group.

- The world is in the middle of a strong growth trend when it comes to fish. We see that consumers are increasingly demanding food that is produced in a sustainable way, and our production facilities are among the most sustainable in the world. With the new capital invested in the company and a strengthened board with Anders as the chair, we have a very good foundation to be able to grow further, says founder Christian Sørensen.