Mowi ASA is one of the largest seafood companies in the world, and the world’s largest producer of Atlantic salmon.
Since the Mowi adventure started in 1964 the company has grown and changed in many ways. From its humble beginnings, when a few pioneers started farming fish in their back yards, through to the present day, Mowi has become a global leader in its field. As the company has grown, both organically and as a result of mergers and acquisitions, Mowi has maintained its leading position at the forefront of the aquaculture industry.
The adventure of Mowi begins
First stocking of salmon smolt in seawater. Hydro buys 50 % of Mowi.
Mowi becomes a recognized brand.
Several M&As and Norsk Hydro takes 100 % ownership of Mowi.
The Marine Harvest group is established from three independent companies (Pan Fish, Marine Harvest, Fjord Seafood).
Mowi establishes its own feed division, strengthening a fully integrated value chain.
Morpol becomes part of Marine Harvest Group.
Marine Harvest aquires Gray Aqua Group and Northern Harvest, and establish Mowi Canada East.
Marine Harvest once again becomes Mowi.
MOWI brand launch
Mowi achieved an operational EBIT of EUR 99 million in the second quarter of 2020, compared with EUR 211 million in the corresponding quarter of 2019. Mowi’s results in the second quarter were substantially impacted by Covid-19 and the extensive lockdown measures. Prices for salmon declined in all markets during the quarter resulting in reduced
Mowi is delighted to announce that, from 2021, all suppliers of soy to Mowi’s own feed production will have a supply chain that is 100% deforestation free. Mowi’s suppliers have committed to trade only deforestation-free soybeans, including soy grown on legally deforested land. The move makes Mowi the first company world-wide that will use only
Mowi achieved an operational EBIT of EUR 109 million in the first quarter of 2020, compared with EUR 196 million in the corresponding quarter of 2019. Mowi’s results in the first quarter were impacted by falling prices as Covid-19 escalated into a world-spanning pandemic with extensive lockdown measures in most countries. “Despite Covid-19 currently causing