THE KINGFISH COMPANY N.V. The Kingfish Company [Euronext: KING] is pleased to announce a new partnership with leading European retailer Conad inItaly . In a recent business update for Q3,The Kingfish Company announced record sales, record volumes and an increase of capacity. In parallel and in line with the company's ongoing ambitions to increase distribution and grow demand for its high-value fish in the retail market,The Kingfish Company is pleased to announce a new partnership with leading European retailer Conad inItaly . The company'sDutch Yellowtail will be available nationwide inItaly with immediate effect with Conad. The Dutch Yellowtail fromThe Kingfish Company is certified by theAquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP), and sets a new bar in sustainable, non-GMO, and antibiotic-free high-quality seafood. InItaly The Ricciola Kingfish will be sold under Conad's own brand, Percorso Qualità, certifying a guaranteed highly controlled supply chain. This marks a strategic partnership forThe Kingfish Company with Conad, which is the Italian leader in the retail sector, reporting 15% market share in 2020. Selected for quality and taste, the Ricciola Kingfish product is the first of the seriola lalandi species to be sold by Conad. For media and investor inquiries, please contact press@the-kingfish-company.com ir@the-kingfish-company.comCompany News feed https://www.the-kingfish-company.com/news AboutThe Kingfish Company The Kingfish Company is a pioneer and leader in sustainable land-based aquaculture. Current annual production capacity at its Kingfish Zeeland facility inthe Netherlands is 1,500 tons of high quality and high value Yellowtail Kingfish. Expansion is underway and capacity inthe Netherlands will reach 3,500 tons in the second half of 2022. In the US, permitting for the company's 8,500 tons capacity facility is progressing as planned, with production start scheduled for second half of 2023. Production is based on advanced recirculating aquaculture systems (RAS), which protect biodiversity and ensure biosecurity. Animal welfare is paramount, and the fish is grown without use of antibiotics and vaccines. Operations run on 100 percent renewable energy, sourced from wind, solar and biogas. The company's facilities operate on sea water, avoiding wasting of precious fresh water.The Kingfish Company's main product at present, the Yellowtail Kingfish (also known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish species, well known in the Italian and Asian fusion cuisines. Its products are certified and approved as sustainable and environmentally friendly byAquaculture Stewardship Council (ASC), Best Aquaculture Practices (BAP) andBritish Retail Consortium (BRC). It was the winner of the 2019 Seafood Excellence Award, and it is recommended as green choice byGood Fish Foundation .
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