Strong Sustainability Commitment Cermaq's leadership in sustainable aquaculture, evidenced by its award-winning iFarm project and investments in Recirculating Aquaculture Systems (RAS), highlights its focus on environmentally responsible farming practices. This presents opportunities for suppliers of eco-friendly equipment, sustainable feed, and environmental monitoring technologies.
Recent Asset Expansion The company has made strategic acquisitions, including assets from Grieg Seafood and investments in new RAS farms in Chile, totaling nearly $200 million within the last two years. This rapid expansion indicates a need for advanced farming technologies, equipment, and supply chain solutions.
Innovative Technology Adoption Cermaq's partnership in developing AI and machine learning mechanisms like iFarm to improve fish health and welfare opens avenues for advanced digital solutions, such as AI-driven monitoring systems, data analytics services, and IoT integrations tailored for aquaculture.
Global Market Presence With operations in Norway, Chile, and Canada and a revenue approaching $1 billion, Cermaq offers potential sales channels for international suppliers of farming equipment, feed logistics, and biosecurity products that support large-scale, multi-region aquaculture production.
Leadership and Growth Cermaq’s recent leadership change and continued financial growth suggest an active corporate strategy to expand its market share, providing opportunities for consulting firms, technology providers, and service companies to partner in supporting its scalable, innovative farming initiatives.