ScaleAQ acquires Skala Maskon

Norwegian specialist company, Skala Maskon, complements and expands the value chain of ScaleAQ

About Skala Maskon

Located in Stjørdal, Maskon is a global market leader in the production and sale of fully automatic vaccination machines. The company sold its first roe sorting machine in 2006, and its first automatic vaccination machine to Salmar in 2011.

Maskon has been a part of the Skala Group, owned by Nortura and TINE, and had a revenue of NOK 115 million in 2021. Read more at skalamaskon.no.

This strategic and important acquisition unites two diverse and skilled professional environments within the aquaculture industry’s supply industry. With the acquisition of Maskon we strengthen our position as a total supplier of critical infrastructure for the industry. We will now be represented with the technology of the future throughout the entire value chain, from roe to fish processing. Geir Myklebust, CEO of ScaleAQ

Maskon has 36 employees with extensive expertise and experience in engineering and automation. The organization is competent and experienced, with a long history as a supplier for the aquaculture industry. Their skills will be a strong supplement to ScaleAQ’s existing investment areas within technology and infrastructure for sea-based fish farming, barges, hybrid vessels, and digital solutions for the global aquaculture industry.

Maskon will continue as an independent company under ScaleAQ. This enables them to maintain their excellent track record in innovation and product development, whilst also benefitting from the advantages of being part of a global total supplier to the aquaculture industry.

We look forward to becoming part of a larger, internationally leading technology and industrial company that supplies innovation, technology and equipment to the aquaculture customers – along the entire Norwegian coast and globally. Jon Anders Leikvoll, CEO of Maskon

About ScaleAQ

ScaleAQ is an international company in aquaculture that supplies innovation, technology and equipment to customers globally. The company's 900 competent and innovative employees ensure a local presence along the entire coast of Norway, and has offices in Scotland, Iceland, Canada, Tasmania, Chile, Poland and Vietnam. ScaleAQ's vision is to create the aquaculture of the future by establishing, optimizing and upgrading the industry. ScaleAQ has made sustainability a prerequisite in all parts of its business, and through an increased focus on biology, the company is ensuring that technology development takes place on the premises of biology and the environment. ScaleAQ is owned by Kverva AS. Read more at scaleaq.no.

Oaklins Norway was adviser to the selling shareholders, Nortura SA and TINE SA, in this transaction.

Please contact the advisors

Øyvind Holtedahl Oslo, Norway
Partner
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Kristin Jahr Bratengen Oslo, Norway
Director
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Bjørn Campbell Pedersen Oslo, Norway
Principal
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Philip Dessingthon Oslo, Norway
Analyst
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