The company has its roots back to 1964 operating fishing vessels.
Between 1964 and 2006, the company operated with shrimp and pelagic fisheries in the North Atlantic area.
Between 2006 and 2013 the company was involved in different investments, and amongs others held 1/3 in the investment company
In summer 2014 the company acquired MEST Shipyard and
PAM Offshore Service.