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White & Case Advised Finnforel On Development Of Aquaculture Project In Abu Dhabi
White & Case Advised Finnforel on Development of Aquaculture Project in Abu Dhabi
Global law firm White & Case LLP has advised Finnish aquaculture technology company Finnforel on the development of an advanced fish farming and processing facility in Abu Dhabi. Finnforel has signed an agreement with Abu Dhabi-based investment company ADQ to collaborate on the creation of a land-based fish farming facility with an annual capacity of 3,000 tons in the UAE. The facility will use Finnforel’s cutting-edge solutions to cultivate rainbow trout year-round in stable, safe, and clean indoor conditions.
Founded in 2015 and headquartered in Finland, Finnforel specializes in sustainable aquaculture technologies. This partnership marks a significant step in the company’s mission to revolutionize fish farming through innovative and environmentally friendly practices.
The White & Case team that advised Finnforel on the transaction was led by Partners Victor Åberg and Sten Olsson, both based in Helsinki. The team also included Partner Marcus Booth (Dubai, London), Local Partner Mathias Bogusch (Frankfurt), and Associates Asta Tukiainen, Liselotte Grönlund (both Helsinki), and Camellia Homampour (Dubai).