Mowi

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Mowi ASA

logo
legal form Allmennaksjeselskap
Aktiengesellschaft (Norway)
ISIN NO0003054108
founding 2006
Seat NorwayNorway Bergen , Norway
management Alf-Helge Aarskog (CEO)
Number of employees 13,233 (2018)
sales NOK 27.88 billion (2015)
Branch food
Website http://mowi.com/

Mowi ASA (until December 31, 2018: Marine Harvest ASA ; formerly Pan Fish ASA ) is a Norwegian food company based in Bergen and the largest farmed salmon company in the world. The company is listed in the OBX Index and was created in 2006 from the merger of Pan Fish ASA with Marine Harvest NV and Fjord Seafood . Pan Fish ASA changed its name to Marine Harvest ASA on February 6, 2007, and from Marine Harvest ASA to Mowi ASA on January 1, 2019.

Mowi does business in Norway , Scotland , France , Canada , Chile and Japan, as well as the Faroe Islands . The group includes the subsidiaries Fjord Seafood and Kritsen .

Divisions

In Norway, the company has 260 employees (2006) and holds around 60 permits for fish farms in Møre og Romsdal and Sogn og Fjordane . Mowi also owns Fjord Seafood in Norway and 44 percent of Aalesundfisk. The company's headquarters are in Oslo.

In Scotland, Mowi has 27 permits for fish farms on the west coast of Scotland near Paisley and employs around 170 people there (2006). In Canada, Mowi has 32 permits for fish farms in British Columbia near Campbell River and employs around 220 people there (2006).

On the Faroe Islands, the company has 11 permits for fish farms at Hellumar and employs around 20 people there. In France, Mowi runs a smoked salmon factory in Brittany and owns the Kritsen company. The company employs around 166 people there (2006). In Japan Mowi has a sales office with 7 employees.

Company history

Pan Fish was founded in 1992. The company's goal is to acquire many fish farms worldwide. Pan Fish has been listed on the Oslo Stock Exchange since 1997 . At the beginning of 2000 the company had financial difficulties due to the low prices in the fish market and sold parts of its business.

In 2005, John Fredriksen- led Geveran Trading Company controlled approximately 47 percent of Pan Fish. In 2006 Pan Fish ASA merged with Marine Harvest NV and Fjord Seafood . On February 6, 2007, Pan Fish ASA was renamed Marine Harvest ASA .

In 2013 Marine Harvest took over the world's largest producer of smoked salmon, the Polish Morpol Group, including its German subsidiary Laschinger Seafood . In addition, Marine Harvest submitted an offer to take over the Norwegian farmed fish and fish feed producer Cermaq , which went to the Japanese Mitsubishi Corporation in autumn 2014 . In 2013 the Morpol company was taken over.

On January 1, 2019, Marine Harvest was renamed Mowi.

Ecological problem

Marine Harvest is supposed to operate salmon farms in Chile in disregard of ecological, legal, social and medical standards, guidelines and laws. This allegation earned Marine Harvest a nomination for the Public Eye Award in January 2014 . This “award” is given annually to a company that is accused of business practices that contribute to the violation of human and labor rights, corruption and / or environmental degradation.

Individual evidence

  1. http://marineharvest.com/about/in-brief/
  2. Marine Harvest: Annual Report 2015 (PDF) Retrieved May 13, 2016 (English).
  3. ^ Marine Harvest ASA: New company name "Mowi ASA" registered. Retrieved January 3, 2019 .
  4. ^ Marine Harvest: Pan Fish ASA: First quarter 2006 - Foundation for the world's leading aquaculture company is laid
  5. Marine Harvest: NEW NAME AND TICKER FROM TODAY February 6, 2007 ( Memento of the original from April 15, 2012 on WebCite ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.stocklink.no
  6. Marine Harvest: [1]
  7. press release
  8. Cermaq opens door to $ 1.7 bln bid by Marine Harvest - May 21, 2013
  9. 'Salmon Fever': Controversial research on a food giant (program information on the WDR broadcast) ( Memento from August 14, 2014 in the Internet Archive )
  10. 2013 Public Eye Awards ( Memento from December 1, 2013 in the Internet Archive )