Fenix, headquartered in Puerto Montt, Chile, provides fishnet and predator net cleaning services to multiple fish farming companies across the entire Chilean fish farming industry. Currently Fenix operates a fleet of 15 net cleaning systems. The company has approximately 70 employees. MPI has not disclosed the investment amount.<\/p>\n
\u201cIt is normally not part of our strategy to invest in service companies. However, Fenix required capital to invest in new assets and technology in order to increase its service capacity and further improve its service offering,\u201d said K\u00e5re Myrv\u00e5g, CEO of MPI, which is 72% owned by Norwegian seafood investor Broodstock Capital.<\/p>\n
\u201cGiven the backing of our financially solid owners, we were in a position where we could help Fenix realise its ambitions, to the benefit of the company\u2019s customers,\u201d Myrv\u00e5g added.<\/p>\n
Growth support<\/strong><\/p>\n Gary McNicol, managing director of Fenix, said: \u201cAccess to competitively priced capital is often a challenge for the Chilean aquaculture service industry.<\/p>\n \u201cIn order to enable Fenix to satisfy the rapidly growing demand for automated and highly effective net cleaning services, and to be able to submit the most competitively priced offers for future tenders in Chile, it makes sense to bring new investors on board at this stage.\u201d<\/p>\n Unrelated to Fenix, MPI has a separate, independent business unit in the country \u2013 MPI Chile. MPI Chile consists of three mechanics and a spare parts warehouse and provides lifecycle services for all MPI customers in Chile.<\/p>\n","protected":false},"excerpt":{"rendered":" Norwegian technology company Multi Pump Innovation (MPI) has invested in Chilean aquaculture service company Fenix Aquaculture Servicios (Fenix).<\/p>\n","protected":false},"author":2,"featured_media":884,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11],"tags":[],"sponsor":[],"class_list":["post-883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aquaculture"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/comments?post=883"}],"version-history":[{"count":1,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/883\/revisions"}],"predecessor-version":[{"id":885,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/883\/revisions\/885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media\/884"}],"wp:attachment":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media?parent=883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/categories?post=883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/tags?post=883"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/sponsor?post=883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}