Scottish Business Insider ranks Mowi as country’s top salmon farming company
Moving up 12 spots from the previous year, Mowi ranks 31st out of 500 of Scotland’s top businesses.
Mowi Scotland (formerly Marine Harvest Scotland) is pleased to be recognised as a top performing company in the newly released Scottish Business Insider’s Top500 (2019). The list, released earlier this month, ranks the company 31st of 500.
The company, recently changing name from Marine Harvest to Mowi, sits atop all seafood companies in Scotland.
“We are pleased to be recognised amongst other major employers and businesses so integral to the economy and social fabric of Scotland,” says Ben Hadfield, Managing Director at Mowi Scotland. “Perhaps even more impressive, and often forgotten, is that most of our economic activity takes place in some of the most remote regions of Scotland’s Islands and Highlands.”
Mowi Scotland Ltd employs 1250 people within its fully-integrated value-chain that includes feed milling, farming, processing and sales.
Mowi’s value-added processing business, located in Rosyth, also ranked high in the list of 500, showing a significant jump from the previous year’s rankings – up 248 spots to 116.
Bertil Buysse, Managing Director for Mowi Value-Added Products UK is pleased to see the company’s improved rankings, stating: “Since opening our doors in 2015, we have seen our business performance grow year after year. The last year saw our fresh salmon productivity increase 15% over 2017. We’re currently supplying product to Sainsbury’s, Aldi and Lidl from our Rosyth plant and will be pursuing additional supply opportunities in 2019.”
The Scottish Business Insider’s Top500 brands itself as “the most authoritative listing of the country’s biggest and most successful companies. To qualify for a listing, each company must be headquartered in Scotland or be a substantial subsidiary of a foreign owned company with its financial results published separately and have a turnover of £20m+. Each company is ranked firstly by turnover, then profit before the rankings are combined, divided by two and weighted by turnover.”