Seafood investor Broodstock Capital has entered into an agreement to invest in water treatment company NP Innovation AB (NP Innovation), a leading supplier of water treatment technologies for aquaculture systems.
Seafood investor Broodstock Capital has raised NOK 200 million for another dedicated investment fund for the seafood and aquaculture industries.
Seafood and aquaculture investor Broodstock Capital becomes majority shareholder in seafood data and software company Maritech Systems AS (“Maritech”).
Seafood investor Broodstock Capital invests in international recirculation system player Billund Aquakulturservice A/S (“Billund Aquaculture”) to become majority shareholder with 51 percent ownership share. Billund Aquaculture Chile S.A (“Billund Chile”) will be part of the new group. The purchase price is undisclosed.
Broodstock Capital invests NOK 70 million to become 70% owner of Multi Pump Innovation AS (“MPI”). Current owner Trond Sivertsen will remain as CEO and 30% shareholder. MPI is the global market leader in the growing market for net cleaning systems to the aquaculture industry.
Broodstock Capital is focused on Nordic based small and medium sized businesses in the seafood industry in general and the aquaculture supplier industry in particular. We target growth companies with a proven track record and a strong management team with the ability to stay ahead of the curve and capitalize on a growing market.
Broodstock Capital is an active owner that contributes with capital, network, experience and financial- and strategic expertise to support companies in strengthening competitive positions and profitability. We strongly believe in aligned incentives between management and the Board/owners, and encourage key stakeholders to retain large minority ownership stakes in our portfolio companies. The Broodstock team will always invest personal funds in each portfolio company.
Ferd (www.ferd.no) will be a cornerstone investor in Broodstock Capital’s portfolio companies. Ferd is a family-owned Norwegian investment company committed to value-creating ownership of businesses and investments in financial assets.
Broodstock Capital’s team has diversified and balanced experience from private equity, consulting and investment banking and a network of key industry advisors with significant top executive management experience.