Marine Harvest ASA has entered into agreements with Nofima and Felleskjøpet Rogaland Agder to establish a leading Norwegian salmon feed company with a yearly production capacity of up to 500,000t of salmon feed.

“Feed costs constitute approximately 50% of production costs in salmon farming. Feed quality is an important driver for production cost, fish health and food quality. With highly experienced partners with proven track record within feed production and fish nutrition, we have established a solid basis for a detailed assessment of the potential gains from establishing a salmon feed company,” said Alf-Helge Aarskog, Marine Harvest CEO.

“We believe the establishment of a new salmon feed company in collaboration with experienced partners and integrated with the world's largest producer of salmon could open up for a profitable expansion of our value chain and contribute to the improvement of Marine Harvest's profitability over time.”