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Hima Seafood

Hima Seafood, a leader in sustainable food production, is constructing a land-based trout farm in Rjukan, Norway.

Founded in 2015, Hima Seafood (Hima) is a leader within the sustainable food production industry, focusing on on-land trout production. After successfully acquiring the necessary land and regulatory approvals Hima commenced the construction of its aquaculture plant in Rjukan, Norway in 2022. Utilising advanced Recirculating Aquaculture Systems (RAS) technology, the facility is designed to produce 8,000 tons of trout annually. Hima is committed to fish welfare, complete oversight of the production chain, and employing the industry's leading recycling and waste handling systems. This approach positions Hima to deliver sustainably sourced premium trout. The PCP funds will partially finance this new aquaculture facility, alongside equity funding by Foresight Group, a reputed investment manager focused on infrastructure and private equity with a strong commitment to ESG principles, and the founders of Hima. The parties have together committed NOK 2.5 billion to the project, which is scheduled to become fully operational in 2025.

Hima Seafood

Country

Norway

Industry

Consumer Goods

Fund Strategy

Corporate

Situation

Capex

Year of Investment

2022