Nova Austral

Sustainably raised salmon in Antarctica

Sectors

Website

A Chilean salmon farmer and processor, jointly owned by Altor and Bain Capital. The company’s operations are in Chile, south of the Magallanes strait, making Nova Austral the southernmost salmon farmer in the world.

Nova Austral’s production sites have excellent conditions for salmon farming, resulting in low mortality and a clean and healthy product free from antibiotics use. Annual production is approximately 20k tons, primarily sold in the US and European markets.

Why we believe in Nova Austral

Unique location with superior biological environment enabling premium pricing
Best in class cash flow
Potential for further production expansion

About Nova Austral

2021 turnover

EUR 79M

Employees

ca 820

Investment date

Oct 2014

Fund

Fund III

Team (

Nicolás Larco | CEO

Altor team (

Klas Johansson

Partner

Tom Jovik

Principal

Jonas Aspelin Ramm

Senior Associate

Anita Sundby

Executive Assistant

Related (

News

Altor has acquired 7.2% of the outstanding shares in FLSmidth & Co. A/S

19 Jan 2023

Altor has acquired 7.2% of the outstanding shares in FLSmidth & Co. A/S

Conversation | Spotlight

Meet Bengt Maunsbach

Bengt Maunsbach joined Altor in 2004 and has since become a name for just about everyone in the Industrial-community, where he has partnered with entrepreneurs and founders.

Conversation | In the media

The Economist:
Can Europe decarbonise its heavy industry?

Important piece in The Economist on H2 Green Steel; a company we have invested in and partner with. We all need to do what we can to help Europe decarbonise.

Conversation | Perspective

Building the green transition

We can’t be dependent on fossil fuels in the future. Altor plans to be a part of Europe’s green transition, driving an industrial revolution and helping the whole continent decarbonize.

News | Press release

30 Aug 2022

Altor supports H2 Green Steel on EUR 190 million funding round

Conversation | Spotlight

Making batteries greener

Hear Tom Jovik, Principal at Altor, explain how Vianode is changing the synthetic graphite industry and making batteries even greener, in this 2-minute interview.

Conversation | Case

Stronger together

Norican's solutions improve customer productivity by reducing scrap and carbon emissions.

Conversation | Case

Saving resources

Haarslev – making sure what goes around comes around.

Conversation | Case

Making plastics last

Trioworld is on its way to becoming the most sustainable option in the plastic film industry thanks to a strong focus on circularity in plastics.

Conversation | Case

Partnering with two German Mittelstand families

Our long tradition of partnerships with founding families continues into new geographies. Kaefer has an amazing track-record for more than 100 years, now Altor and SMS Group join as co-owners.

Conversation | Case

Shaping airflow for future generations

Inspired by the first plastic cooling fan he ever saw, Finn Sigurd Andersen started a journey taking a local Danish trading company and turning it into a global leader in engine cooling, with a wide range of products.

Conversation | Case

Taking action when needed

When Covid hit, at a time when hospitals needed them the most, global supply chains for medical protective gear stopped working. Trioworld stepped up quickly and filled one important gap. But have we learned the lessons from this situation?

News | Press release