Marine Harvest
 |
|
| Allmennaksjeselskap | |
| Traded as | : |
| Industry | Seafood, food processing |
| Headquarters | Bergen, Norway |
|
Key people
|
Alf-Helge Aarskog (CEO), Ole Eirik Lerøy (Chair), Leif Frode Onarheim (Deputy chair) |
| Products | Farmed salmon and trout, processing and distribution of seafood |
| Revenue | NOK 27.88 billion (2015) |
| Profit | NOK 1.42 billion (2015) |
| Total assets | NOK 40.26 billion (end 2015) |
| Total equity | NOK 18.18 billion (end 2015) |
|
Number of employees
|
12,454 (2015) |
| Website | www.marineharvest.com |
Marine Harvest ASA, Pan Fish prior to February 6, 2007, is a Norwegian seafood company with operations in a number of countries around the world. The company's primary interest is the production, processing and sale of farmed salmon, the operations of which are focused on Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile. The group has a share of between 25 and 30% of the global salmon and trout market, making it the world's largest company in the sector. Marine Harvest also owns a 'value added processing' unit, which prepares and distributes a range of seafood products, and a number of smaller divisions.
The company assumed its current form as a result of massive expansion in 2006, when Pan Fish ASA conducted an effective three-way merger with Marine Harvest N.V. and Fjord Seafood. The group is headquartered in Bergen and is listed on the where it is a constituent of the benchmark OBX Index,
The first company to use the name Marine Harvest was founded in Lochailort, Scotland by Unilever in 1965 at the outset of the Atlantic salmon farming industry. Unilever had been developing farming methods at a research facility there. The company began operations in Chile in 1975. In 1992, Unilever sold the business to American firm Marifarms, and two years later ownership of the company passed to Booker plc when it was merged with Booker's aquaculture subsidiary, McConnell Salmon. After deciding to divest Marine Harvest McConnell so as to concentrate on its core cash and carry business in 1998, Booker eventually succeeded in finding a buyer in July 1999. The Dutch-based nutrition firm Nutreco acquired the unit for GB£ 32.7 million, adding it to its fish food and salmon farming unit. Nutreco's initial attempt to further expand into the fish farming sector by acquiring the seafood arm of Norsk Hydro was blocked on the recommendation of the United Kingdom Competition Commission in late 2000, but the deal was approved in March 2001 after Nutreco agreed not to acquire Hydro Seafood's Scottish assets.
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Wikipedia