The aquaculture industry’s largest quality supplier of fish health products and services
STIM at a glance
STIM is the aquaculture industry’s largest quality supplier of fish health products and services, with several ground-breaking innovations under its belt.
STIM strives for a holistic perspective, building on the experience from vaccines and pharmaceuticals with the expertise that lies in its broad range of services in fish health services, marine environmental surveys, support for area applications and plans, as well as regulatory advice.
After 33 years side by side with the aquaculture industry, STIM is in a unique position as a supplier of both expertise, products, and services – all the way from planning to processing. STIM is established in Norway, Chile, UK, USA, Canada, Iceland, and China.
- Year acquired
- 2024
- Revenue
- NOK 175m
- Location
- Norway
- Employees
- 89
- Website
- https://stim.no/
- Investment theme
- Sustainable Food
- Contact
- martin.gjolme@summaequity.com
- SDG alignment
2, 14
What are the challenges Stim addresses
-
USD ~2bn
in revenue loss for salmon farmers from mortality and downgrades
-
>15%
fish mortality in salmon farming
How does STIM help?
-
Reality today
Aquaculture, with its low carbon footprint and high efficiency, fits within a sustainable food system. However, it faces challenges like fish welfare and rising mortality rates, with salmon farming experiencing over 15% mortality, a figure that’s been increasing the past years.
-
STIM approach
For over 30 years, STIM has advanced sustainable aquaculture by offering disease prevention, promoting sustainable practices, and driving innovations that enhance fish health, growth, and profitability. Their success is backed by a strong market presence and expert, cross-disciplinary teams.
-
Aspirational future
STIM’s vision is an efficient and sustainable aquaculture industry where its main biological challenges are solved, and continued investments in fish health competence and new innovations are continuing to drive significant improvements in fish welfare and farming practices.
-
Who is impacted?
Fish farmers benefit from good fish health and low mortality as it results in productive operations and less environmental impact.
-
Contribution
STIM contributes to improved fish health, animal welfare, and reduced mortality through products and expertise. This leads to more sustainable and productive farming systems with reduced impact on the surrounding environment.
-
Risks to impact
As part of the salmon farming process takes place in the ocean, farming practices or use of treatment products can have unwanted and adverse effects on the surrounding ecosystems.