Icelandic salmon farmer Laxey raises €28 million in latest share offering

Laxey also provided an update on its first batch of fish, which arrived as eggs in November 2023. That group has now reached an average weight of two kilograms, and harvesting is planned for November 2025 at a target size of four to five kilograms. Construction of an on-site processing plant has also begun and is expected to be ready this autumn.

Lárus Ásgeirsson, Laxey’s Chairman of the Board, stated that the successful financing enables the company to accelerate its development.