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