Mowi
Norwegian seafood company / From Wikipedia, the free encyclopedia
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Mowi ASA, formerly known as Marine Harvest ASA (until January 1, 2019),[2] (Pan Fish prior to February 6, 2007),[3] is a Norwegian seafood company with operations in a number of countries around the world. The company's primary interest is fish farming, primarily salmon, the operations of which are focused on Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile. The group has a share of 25 to 30% of the global salmon and trout market,[4][5] making it the world's largest company in the sector.[4][6] Mowi also owns a 'value added processing' unit, which prepares and distributes a range of seafood products, and a number of smaller divisions.
Company type | Allmennaksjeselskap |
---|---|
OSE: MOWI | |
Industry | Seafood, food processing |
Founded | 2006 (current structure) |
Headquarters | Bergen, Norway |
Key people | Ivan Vindheim (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)[1] |
NOK 1.42 billion (2015)[1] Harvest volume of salmonids, tonnes gutted weigh: 420 148 (2015) | |
Total assets | NOK 40.26 billion (end 2015)[1] |
Total equity | NOK 18.18 billion (end 2015)[1] |
Number of employees | 12,454 (2015)[1] |
Website | www |
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.[7] The group is headquartered in Bergen and is listed on the Oslo Stock Exchange where it is a constituent of the benchmark OBX Index.[8]
For 2023, the company reported revenue of €5.51bn (up 11% from 2022), net profit of €444.4m (down 43% from 2022) and a profit margin of 8.1% (down from 16% in 2022).[9]