Fiskevegn and Mustad Autoline in closer co-operation

Fiskevegn and Mustad in closer co-operation Longline manufacturers Fiskevegn and Mustad Autoline have agreed to co-operate more closely

Following Mustad’s acquisition earlier this year of a 50% share in Fiskevegn, by acquiring Vetrhus Holding AS (now Mustad Sealine AS), these two prominent names in the world of longline technology have agreed to work more closely together.

Based at Flatraket in western Norway, Fiskevegn is a well-known manufacturer of longlines and fishing gear, whereas Mustad Autoline is prominent in manufacturing mechanised systems for automated longline fishing. Following this new co-operation agreement, the companies will strengthen their customer/supplier relationships in certain business areas but will remain independent businesses.

“We have always had great respect for Fiskevegn as a company and the high quality of products they manufacture. We believe there are significant opportunities in expanding manufacturing and product development at Flatraket and we look forward to being able to offer Fiskevegn longlines to our customers,” said Mustad Autoline chairman and owner Hans H. Mustad, commenting that he is looking forward to this closer co-operation.

The Solheim family will continue to own 50% of Fiskevegn through its company Helge Solheim Holding AS.

“We have identified significant synergies between the two companies, although they remain competitors in some segments such as automated equipment for the longline fleet,” Fiskevegn chairman Helge Solheim said, welcoming Mustad Autoline as a new 50% owner in the company.

“Mustad Autoline does not have its own longline production and Fiskevegn sees a great potential here. This will further strengthen the positive development that Fiskevegn has seen in recent years.”

Fiskevegn runs a sales department in Ålesund as well as owning BFG and 50% of the SIA Magistr-Fiskevegn Group in Latvia. In addition, Fiskevegn has distributors in Seattle, Christchurch  in New Zealand, Nuuk and St. Johns.

Mustad Autoline AS has its head office and factory at Gjøvik in eastern Norway, with a sales office in Ålesund and sales companies in Seattle and Newfoundland, as well as the subsidiary Mustad Havservice AS (Ålesund) that supplies coastal fisheries from divisions in Ålesund, Båtsfjord, Myre and Austevoll.


A progressing cavity pump with EHEDG certification – is that really new?

The EHEDG (European Hygienic Engineering & Design Group) was founded in the last century at the end ... Read more

Economic and environmental advantages of the two-speed gearbox

Finnøy Gear & Propeller’s two- speed gearbox is used on vessels with large differences in power need... Read more

Leading specialist in design and manufacturing of gearboxes and propellers invests in CNC lathe for future product development

Norway- based Finnøy Gear & Propeller have recently invested in a new high- performance CNC lathe ma... Read more


Macduff Ship Design have over the past 10 years spent considerable time specialising in the design o... Read more

Kinarca participated in the construction of the most ecological, efficient freezing trawler.

Kinarca participated in the construction of the most ecological, efficient freezing trawler with gre... Read more


Cordex maintains a permanent stable growth on its CordexAqua segment – Ropes and Yarns for Fishing &... Read more

View all