LUND, Sweden - Alfa Laval has acquired the Norwegian system manufacturer LiftUP. LiftUP is a market player in removing waste from fish farms to reduce their impact on the marine environment. The acquisition is part of Alfa Laval’s strategy of building up an attractive aquaculture product portfolio and creating an expanded and sustainable growth platform for the future.
Founded in 1991, LiftUP is a supplier of waste extraction systems for fish farms. Its technology can remove up to 70 percent of the sludge from open cages. The LiftUP system is a complement to the Alfa Laval Framo pumping system AquaStream, which brings up fresh low temperature water with high oxygen levels (from around 25 m depth) and creates a perfect sea current – thereby providing conditions similar to the deep fjords, creating an optimal environment for the fish.
The acquired company had revenues of 75 MNOK (2020) with good profitability. It will now be part of the business unit Pumping Systems in the Marine Division.