Summa Equity, an impact investor focused on resource efficiency, changing demographics and tech-enabled transformation, has acquired STIM, a supplier of fish health products and services to the aquaculture sector.
STIM provides products that improve fish health, growth and profitability, which it describes as having “contributed to a more sustainable aquaculture industry”. In 2023, the company’s gross revenue was over €150m.
Summa has partnered with Jim-Roger Nordly, Founder of STIM, as part of the deal, with the company now positioned to establish new growth verticals, accelerate product development and expand its service offering in aquaculture worldwide.
Source: Private Equity Wire
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