BLUEFRONT COMPANIES IN FEED TECHNOLOGY MERGER

Bluefront companies in feed technology merger. Spillfree Analytics AS, which support fish farmers with analysing and improving feeding processes, is set to merge with software company Piscada Aqua, which provides process control and analysis software for the aquaculture industry.

“These two companies sport complementary product portfolios that focus on improving feeding processes, professionalising feeding, and enabling increased capacity for fish farmers. This provides an excellent foundation for delivering complete and even more integrated solutions for feeding operations,” says Steinar Fossen, managing director of Piscada Aqua.

Steinar Fossen will lead the merged company, which will operate under the Piscada Aqua name.

Operational support

Piscada Aqua has developed a software platform that manages, analyses, optimises and controls various aquaculture production processes. The software provides a complete operating picture and enables control of feeding intensity, winch adjustments, camera positioning and integration with new, innovative solutions. In total, this enables automation, planning and execution of operations in both ocean net pens and land-based fish farming facilities.

Spillfree has been an important and innovative player in the industry’s effort to professionalise feeding practices. The company has developed a platform to support feeding operations through its Feedhub product. Furthermore, it has focused on developing AI-based software that utilises video and data analysis to provide decision support for optimization of biological conditions and feeding processes in aquaculture production.

“Our intention is that Spillfree’s software and AI will be offered as part of Piscada Aqua’s portfolio going forward, while Piscada Aqua will continue to act as a neutral partner – independent of suppliers. We believe that fish farmers will recognise the value of this,” adds Steinar Fossen.

Trondheim HQ

Both Piscada Aqua and Spillfree Analytics are based in Trondheim. The two companies will co-locate at Piscada’s offices going forward. The merged business has 16 employees. Its joint technical expertise has been significantly strengthened through the merger.

 Seafood investor Bluefront Equity owns both Piscada Aqua and Spillfree. Following completion of the merger, Bluefront Equity’s funds will own approximately 85 percent of the merged business.

 The merger between Piscada Aqua and Spillfree will formally be completed during the first quarter of 2026.

Image: Piscada Aqua