Novo Holdings Acquires Majority Stake in Stingray Marine Solutions

October 10, 2024

Novo Holdings has agreed to acquire a majority stake in Stingray Marine Solutions, an Oslo-based provider of intelligent aquaculture technology that removes sea lice using camera vision, software and laser technology. The investment, made by Novo Holdings’ Planetary Health Investments team, is intended to scale Stingray’s sustainable aquaculture solutions and expand opportunities in data & analytics and precision farming.

Buyers
Novo Holdings
Targets
Stingray Marine Solutions
Industry
Agriculture
Location
Oslo, Norway
Transaction Type
Buyout

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