🇮🇸 Icelandic land-based salmon farmer completes large funding round, changes name
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Originally published by IntraFish on 3 July
Icelandic land-based salmon farmer Landeldi, now renamed to First Water, has completed a ISK12.3 billion million (€82 million/$90 million) equity raise.
Icelandic investment company Stodir remains First Water’s largest shareholder following the round, and new shareholders include the private equity fund Horn, and a range of domestic and foreign investors, including pension funds and private investors.
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