Group backing American Aquafarms, Norway farmed cod project buys halibut farming operation

Photo: Anders Furuset

Norway-based investor Amar Group has acquired Halibut PEI, a land-based, closed-contained halibut farming operation located in Prince Edward Island, Canada, the company announced Tuesday.

Amar acquired Halibut PEI's halibut facility and broodstock just months after the company declared bankruptcy.

Halibut PEI has been raising fish since 2009 using geothermal saltwater wells.

Read the full article at Intrafish.com.

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