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
This integrated report sets out how we run our business, describes our vision and ambition, our successes and our improvement areas in an open and transparent way. At the end of the day, all of us working at Mowi have a clear and simple goal; we wish to produce affordable, high quality products in a
Mowi works with Tidal, X’s ocean health and sustainability team, to test and research new technologies. Over the last three years, Mowi has been researching and testing a new sensing system developed by Tidal at Alphabet’s X. After an extensive research and development period involving field testing and data collection, the project is now ready
Mowi achieved an operational EBIT of EUR 166 million in the fourth quarter of 2019, compared with EUR 213 million in the corresponding quarter of 2018. For the full year, Mowi reported a record high turnover of EUR 4 135 million and an operational EBIT of EUR 721 million. Mowi harvested record high 436 000