Norway Seafoods is one of Europe’s largest providers of whitefish solutions. At Norway Seafoods employees and partners aim to provide affordable quality products utilizing fish and other seafood in a sustainable way.
The Group’s strength lies in its comprehensive value chain which covers every part of the process – from sourcing of raw materials to processing, concept building, marketing and sales.
Norway Seafoods compromises Norway’s largest sourcing network, purchasing fresh fish directly from fishermen with a total of 14 sourcing stations along the coast of Northern Norway.
The sourcing stations are all located above the Arctic Circle giving unique access to the most well managed fish stocks in the world and the clear cold waters of the Barents Sea. Norway Seafoods also operates the largest fresh water trout farming operation in France with a total of 6 farms, as well as one trout farm in Spain.
Additional sourcing of fresh fish and seafood comes from fish auctions and fish farming companies in Europe
The company operates 9 primary processing facilities (8 in Norway and 1 in Denmark), and 5 secondary production facilities (1 in Norway, 2 in Denmark and 2 in France). The primary processing facilities are specialized in packing whole fish and fillets, both fresh and frozen.
May 2005 : After the merger of Norway Seafoods AS, West Fish-Aarsæther AS and Nordic Sea Holding AS, Aker Seafoods ASA enlisted Oslo Stock Exchange in May 2005. Converto Capital Fund is the major shareholder of Aker Seafoods ASA with an ownership of 73.59 per cent. The company headquarters is in Ålesund, Norway.
October 21, 2011 : Aker Seafoods ASA : Norway Seafoods to be developed as a separate company
The board of Aker Seafoods ASA proposes to split up the ownership of the company's two business areas. The shares in Norway Seafoods will be distributed to the shareholders in Aker Seafoods. This is in accordance with the plan effectuated and communicated in the first half-year 2010.
Norway Seafoods will be developed as a separate company. The board's proposal is to distribute the shares of Norway Seafoods to the shareholders in Aker Seafoods. Norway Seafoods will apply for a listing on the OTC-list, the Norwegian Securities Dealers Association's market place for trading unlisted shares.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.