Kvidul will produce 40,000 tons of salmon on land in Trøndelag


The first plant at Fosen has planned to start construction in early autumn 2022. Kvidul is now ready to make a share issue via Folkeinvest.
The development of Brennholmen in Åfjord municipality is planned to be developed in 2 phases. Phase 1 includes producing 10,000 tons of edible fish and 10 million smolts, and phase 2 is designed with an additional 10,000 tons of edible fish.
The company has been working on the project since 2018 and is now ready to realize the plans. The facility, which will be located close to the sea at Fosen in Central Norway, has a prime location, and the project has been well received by Åfjord municipality, which has approved the zoning plan.
The founder and general manager of the company, Stein Roger Dalheim, says that the potential for land-based farming is enormous. An important reason is that the authorities in Norway no longer issue more licenses for traditional fish farming at sea. Therefore, the production volume of Norwegian salmon can no longer keep pace with the increased demand. Everyone who loves salmon on the dinner plate has noticed that the retail price of Norwegian salmon has risen sharply in recent years.

Dalheim further says that this is exactly where they see a unique opportunity. Traditional production of salmon in open sea facilities has for a long time received much attention for problems around salmon lice, escapes, and negative consequences for nature and the environment. The industry, therefore, has a great need for new thinking and innovation. With our land-based facilities, we have come a long way in developing systems for sustainable production of salmon with a green value chain and optimal fish welfare.
In recent years, stock exchanges have shown great interest in investing in companies related to renewable energy and companies with a green profile. Kvidul, therefore, sees it as an important part of its investment to be involved in developing renewable energy. We do this by converting waste from production into energy. In this way, the company aims to be a zero-emission company.

To ensure good profitability, it is important to create an attractive product. Fish welfare and a green profile will therefore be an important communication element for our end product to be a brand.

—Stein Roger Dalheim (CEO)

Reasons to invest in Kvidul

  1. Unique investment opportunity

    We offer the opportunity to invest in an innovative fish production company with excellent growth potential. We have a unique technological concept - Green Value Chain - and develop the fish farming company of the future.

  2. Innovative concept - "Green value chain"

    We want to build closed fish production plants - a combination of:
    1) The latest water treatment technology
    2) Use of AquaMaof RAS, which cleans and recycles the water used in the fish tanks
    3) The latest waste treatment technology

  3. The best RAS technology

    RAS enables an industrial and production-oriented approach with stability in the plant, which optimizes growth and production efficiency. AquaMaof has focused on efficient solutions with low complexity based on fish farming.

  4. Sustainable farming

    Kvidul must be an innovative and sustainable breeder, both on land and at sea. We want to ensure sustainable and efficient production - and create the best fish welfare. Here we will highlight experiences from AquaMaof and other operational partners.

  5. Why do we want to run fish farming on land in Norway?

    Norway, especially Central Norway, has an excellent climate for salmon farming. Norway has industry-leading knowledge of offshore aquaculture, which is a sound basis for the development of land-based fish farming. We also have a unique training and knowledge base in Trondheim.

  6. Innovation and project development in Norway

    It is cost-effective to carry out large projects in Norway. Norway has a lot of engineering and project expertise and is good at organizing and implementing. Norway has a high level of expertise in WATER & RAS technology. There is significantly less risk of building in Norway.

  7. KVIDUL training and development center

    We want to encourage our employees to think new and try new solutions. Sometimes we will fail; most times, we will succeed. The most important thing is that we learn and grow with our experiences. Our team will "pursue" and learn from our partners.

  8. Long experience and strong execution power

    The founders have extensive experience in competing and high-tech industries and founded several companies that have experienced great successes. RAS technology has been used in the oil and gas industry for many years.

Phase 1 of the development on Brennholmen in Åfjord municipality includes producing 10,000 tons of edible fish and 10 million smolts.