Aqua Nor acquired Setran Settefisk AS and VILLA SMOLT AS and Øyralaks As and Olden Oppdrettsanlegg AS and Oldenselskapene AS from Public Joint Stock Company Inarctica.

Inarktika PAO, formerly Russkaya Akvakul'tura PAO, is a Russia-based holding company that specializes in the production and distribution of fish and seafood products. The Company focuses on the cultivation of the red fish, such as Atlantic salmon and rainbow trout. The Company operates through two segments: commercial rainbow trout cultivation in the Republic of Karelia; commercial Atlantic salmon cultivation in the Murmansk region. Inarktika PAOs products are marketed under such brands as Murmanskiy Losos' and Karelochka. The Company's portfolio includes more than 25 areas for commercial cultivation of salmon and trout on the lakes in Karelia and in the Barents and White seas. The Company distributes its products domestically, as well as exports them abroad.