Investments & Divestments
Mørenot (part of Hampiðjan Group)
Mørenot is a leading supplier of equipment and services to the global aquaculture and fishing industry. In 2023, Mørenot was merged with Hampiðjan Group (PUBL) where FSN V will retain a minority stake.
Investment Thesis
- Continue to internationalize Mørenot’s already leading position in a market driven in by strong underlying macro trends
Main Transformation Initiatives
- Build structural capital and a scalable platform
- Geographical expansion
- Increase product portfolio
- Drive consolidation of a fragmented industry through M&A
Key Facts
Country Norway
Headquarter Ålesund
Acquired 2018-04
FSN Ownership 8.1%
Sales 2020 NOK 1.2bn
CEO Arne Birkeland
Chairperson Espen Asheim
Pointperson Ulrik Smith
Webpage www.morenot.com