Moen Marin AS becomes part of ScaleAQ

Steinsvik, Aqualine and Aqua Optima announced in August that they will merge to form ScaleAQ. Also, in August, the Tasmanian company PanLogica became part of the company, now Moen Marin AS is joining the team.

Want to offer a complete package.

– We are very pleased to announce that Moen Marin AS is now part of ScaleAQ, says Per Ivar Lund, VP Business Development at ScaleAQ. We aim to offer a complete portfolio of products and services to fish farmers all over the world, and vessels are an important element. Moen Marin AS has for many years proven that they make vessels that fits the market demands well and they are also in the lead when it comes to electrical and hybrid solutions.

Together we reach a larger market

– ScaleAQ already has offices in 11 countries. Our distribution network, and existing customers in all markets, will ensure that vessels from Moen Marin can reach a much larger customer base. We want to make everyday life easier for farmers, says Per Ivar Lund.

We are already a leader in feed barges, and it is with pride that we can now also offer high quality vessels to fish farmers and the service industry catering to the aquaculture sector.

Looking forward to getting started

– We want to be part of what ScaleAQ is building, says Terje Andreassen, CEO of Moen Marin AS. Barges and boats have many similarities and we believe that we as a single team can offer even better products and a more complete range of services. The local presence, maritime understanding and a serious focus on innovation is why we look forward to working with the rest of ScaleAQ.

Photo of Geir Myklebust, Per Ivar and Terje Andreassen

Collaboration with remaining business in Moen Marin Group

The other operations of the Moen Marin Group, consisting of Moen Marin Service AS and Moen Ship Management AS are not included in the transaction, but close and good cooperation is planned after completion.

– It is known that our owners have contemplated the sale of Moen Marin AS, says Are Brekk, CEO of Moen Marin Group. The agreement gives the employees and products the opportunity they deserve in terms of future growth. The agreement with ScaleAQ allows for focus on international growth through an even wider product range. The market needs solid and innovative partners that can help them grow and we look forward to seeing what becomes of this.

About ScaleAQ

ScaleAQ is a result of 40 years of aquaculture experience and consists of the companies Steinsvik, Aqualine and AquaOptima, Moen Marin and Pan Logica. With our experience and unique portfolio of products and services, we aim to be the world’s leading provider of technology and infrastructure for land and sea-based aquaculture. We are a partner and advisor for our clients’ land and sea-based aquaculture projects. We have headquarters in Trondheim, Norway and 27 offices in 11 different countries around the world.

For further information contact:

Per Ivar Lund, VP Business Development ScaleAQ, tlf +47 415 70 363
Are Brekk, Konsernsjef Moen Marin Group, tlf +47 915 31 088

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