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
Ivan Vindheim (48) has been appointed the new CEO of Mowi ASA. Vindheim succeeds Alf-Helge Aarskog (52) who has decided to step down after almost 10 years as CEO. The appointment is effective as of 12 November 2019. “I am delighted that Ivan has taken on this challenge. We have had a thorough recruitment process
Mowi achieved a record high Q3 turnover and all-time high volumes in the third quarter of 2019. The company’s operational EBIT was EUR 148 million, compared to EUR 207 million in the corresponding quarter of 2018. “In the quarter we achieved the highest volumes ever both in farming, sales and feed produced. This resulted in
The Mowi Group constantly wants to have the most appropriate and efficient company structure for the companies in the Group, both organizationally as well as operationally. The corporate structure in Mowi is today characterized by the result of several acquisitions and inherited corporate structures, and the Group is in continuous process to simplify the company