The Kingfish Company produces sustainable, land-based aquaculture seafood, focusing on Dutch Yellowtail, a high-value fish suitable for sashimi, grilling, or smoking. The fish are raised in controlled land-based systems in the EU and US, using technology-driven farming to ensure consistent quality and minimize environmental impact. The product is delivered daily to restaurants, wholesalers, and direct consumers across the EU, with a business model based on selling premium fish. The company differentiates itself by using land-based farming and advanced technology to enable scalable, traceable production of a high-grade seafood that is recognized as a Green Choice by the Good Fish Foundation. The goal is to supply premium, sustainably produced seafood to EU and US markets while maintaining strong quality control and efficiency.
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Industries
Company Size
51-200
Company Stage
IPO
Headquarters
Kats, Netherlands
Founded
2015
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Total Funding
$161M
Above
Industry Average
Funded Over
6 Rounds
Training Programs
Professional Development Budget
The Kingfish Company has completed a subsequent share offering, issuing 44.3 million new shares at NOK 0.60402 per share to raise approximately NOK 26.7 million. The offering allowed shareholders who exercised subscription rights and oversubscriptions to participate, aiming to reduce dilution from an earlier private placement. Settlement is scheduled for mid-September, with payment due on 9 September. The new shares are expected to begin trading on Euronext Growth Oslo around 17 September, subject to timely settlement and completion of the share capital increase. ABG Sundal Collier managed the transaction. The Kingfish Company operates a sustainable land-based aquaculture facility in the Netherlands, producing yellowtail kingfish using recirculating aquaculture systems.
The Kingfish Company has announced a strategic financial restructuring that will see Icelandic investment firm Eyrir acquire a 31.4% stake, becoming its largest shareholder. The Netherlands-based land-based yellowtail kingfish farmer has raised €21 million through a private placement, with Eyrir committing €15 million. The restructuring includes converting approximately €49 million in outstanding debt into ordinary shares and extending the senior facilities agreement maturity until April 2029. Eyrir has established a new entity, Eyrir Blue Farms, focused on land-based aquaculture investments and will propose a representative for Kingfish's supervisory board. The transaction follows a turbulent period for Kingfish, including CEO changes and lower-than-expected 2025 results. The company says the restructuring will strengthen its balance sheet and provide a stable platform for future growth.
The Kingfish Company, a Netherlands-based recirculating aquaculture system producer, has secured a multi-million restructuring deal with an Icelandic investor who will become its largest shareholder. The agreement follows months of negotiations with lenders and shareholders. The company breached an earnings-related financial covenant at year-end 2025, triggering the restructuring discussions. The deal provides fresh capital and stabilises the firm's financial position. Further details about the size of the investment and the specific terms of the restructuring arrangement have not been disclosed.
The Kingfish Company, a land-based yellowtail kingfish farmer in the Netherlands, has completed a €14 million private placement. Norwegian company Stolt Nielsen acquired a significant portion of the new shares.
Positive outlook for Q4 2024 with volume growth above 50% NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE […]
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Industries
Company Size
51-200
Company Stage
IPO
Headquarters
Kats, Netherlands
Founded
2015
Find jobs on Simplify and start your career today