Atlantic Sapphire Aims to Produce Volume Equal to Half of US Salmon Consumption in 11 Years
Atlantic Sapphire is on a roll. The company’s founder and president Johan Andreassen was named Intrafish person of the year in Brussels, the same day his company raised $90 million in 29 minutes with a private placement stock offering on the Oslo Exchange.
Andreassen originally founded Villa Organic, which was the first farmed salmon operation in Norway to be accepted by Whole Foods. He situated Villa Organic in Finmark so as to avoid the problem of sea lice.
He founded Atlantic Sapphire in 2010, on the idea that he could commercially raise salmon in land-based facilities. They have an operation in Denmark that is already making commercial...
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