History

2009
  • Acquired the remaining 66 per cent of the shares in Volstad Seafood AS to become the company’s sole owner.
2008
  • Acquired a further licence in central Norway (Møre og -Romsdal) and one in northern Norway (Troms).
  • Senja Sjøfarm AS changed its name to SalMar Nord AS, and now encompasses all SalMar’s business activities in Troms.
2007
  • On 8 May 2007 the company was listed on the Oslo Stock Exchange.
  • SalMar acquired Halsa Fiskeoppdrett AS (two licences) and Henden Fiskeoppdrett AS (two licences) in Møre og Romsdal, as well as Arctic Salmon AS (four licences) in Nordreisa, Troms.
2006
  • Kverva Holding AS sold 42.5 per cent of the company’s shares to a limited number of Norwegian and international investors.
  • The realisation of the company’s plans to build new industrial facilities in Frøya and its ambitions to participate in the industry’s ongoing restructuring process depended on access to sufficient capital. The board of directors therefore decided to seek to float the company on the Oslo Stock Exchange.
  • In June the company acquired three new salmon production licences in the Nordmøre district, very close to SalMar’s existing production facilities.
  • Towards the end of the year SalMar acquired the remaining 51 per cent of the shares in Senja Sjøfarm AS to become the company’s sole owner.
2005
  • Divested those parts of the operations which were not considered to be core businesses, including the production of herring, herring oil and herring meal. The objective was to concentrate the company’s focus and efforts on its core business: the farming, harvesting and processing of salmon.
2001
  • SalMar went abroad and established Norskott Havbruk AS in partnership with Lerøy Seafood Group.
  • Norskott Havbruk AS is the sole owner of Scottish Sea Farms Ltd, the UK’s second largest producer of farmed salmon. SalMar owns 50 per cent of the shares in Norskott Havbruk AS, while Lerøy Seafood Group owns the remaining 50 per cent.
2000
  • Established the first fish-farming operation outside central Norway, with the acquisition of a 49 per cent stake in Senja Sjøfarm AS in Troms. At that point Senja Sjøfarm AS had nine operating licences and its own hatchery.
1997
  • Expanded the plant at Nordskaget, Frøya to increase the processing capacity, in collaboration with the Industrial Development Corporation of Norway (SIVA)
  • Kverva Holding became sole owner of SalMar.
  • By the late 1990s the company had 20 wholly owned licences, with a total harvested volume of 11,000 tonnes gutted weight and a total processed volume of 3,000 tonnes.
1995
  • Entered the hatchery production sector following the acquisition of Follasmolt AS in Verran, North Trøndelag.
  • Entered into a leasing agreement with Kjørsvik Settefisk, a hatchery in Aure, Møre og Romsdal.
  • Purchased additional operating licences in Central Norway during the 1990s, and by the end of 1996 SalMar had nine wholly owned licences.
1992
  • Acquired two salmon farming licences.
1991
  • Established in Frøya, South Trøndelag, Norway.
  • Had one fish farming licence and a packing and processing plant acquired from a company that had gone into liquidation
  • Main business was the processing of frozen salmon
  • Marked the beginning of wide-ranging restructuring within the Norwegian salmon farming industry, which over time led to increased industrialisation.