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 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
On 23rd January, Mowi successfully completed a EUR 200 million 5-year, senior unsecured green bond issue, marking the first ever Green Bond issued from a seafood company. We are committed to being part of the solution to global climate challenges and the green bond issue is an integral part of Mowi’s sustainability strategy, The Blue
Mowi, the world’s leading aquaculture company, has released its Sustainability Strategy called ‘The Blue Revolution Plan’. With our oceans covering 70 percent of our planet’s surface yet only 2% of our calorie intake is seafood, there is great potential for the ocean to produce more sustainable food. “This plan will allow us to achieve our