According to a stock exchange announcement from the company, Mowi has entered into an agreement to buy Torghatten Aqua's sea-based aquaculture operations for 293 million kroner. 34 percent ownership stake in Torghatten Aqua, which they took over last year through the acquisition of Nova Sea. The transaction must be approved by the Competition Authority.
According to Brønnøysunds avis, the agreement also involves Mowi entering into a lease agreement for operating Campus BLÅ upper secondary school's education permit for aquaculture. ' The acquisition occurs against a backdrop of significant challenges in Norwegian aquaculture. 8 million salmon were registered as dead, respectively.
The background for us now choosing to sell is the effect the resource rent tax has on the profitability of smaller aquaculture companies, which only have activity in sea-based aquaculture.
Higher sea temperatures contributed to a record number of lice treatments in the aquaculture industry in 2025. Salmon lice remain the biggest parasite challenge for Norwegian aquaculture. In 2025, the industry had 3,918 treatment weeks, 700 more than the previous year, and a record in non-medicinal lice treatments.
The resource rent tax favors large aquaculture actors with activity across the entire value chain, like Mowi, and makes it more difficult for smaller companies, like Torghatten Aqua.