Cermaq ASA
NO-0102 Oslo, Norway (Map) Phone: +47-22-31-75-80
Fax: +47-22-31-75-99
http://www.cermaq.com
Overview
Here, fishie, fishie, fishie ... no rod and reel needed. Cermaq knows it's easier to sprinkle feed in the water and net the salmon as they swim up for the goodies. Its EWOS unit is a global supplier of fish feed for farmed salmon and trout, while its Mainstream Group operates salmon and trout farms. Both units operate in Canada, Chile, and Norway. EWOS also operates in the UK; the Mainstream Group has additional operations in Scotland. Cermaq also owns a majority of grain-trading firm Norgrain and minority shares in a fish byproducts firm and a biodiesel business, all in Norway. In 2010 Cermaq bought about a 40% stake in Marine Farms but later sold them to Morpol; it's entering Vietnam through a joint venture.
Key Numbers from Hoover's UK
Key financials for Cermaq ASA
| Company Type | Public (Oslo: CEQ) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £1,094.0 |
| 1-Year Sales Growth | 9.6% |
| 2010 Net Income (mil.) | £165.9 |
| 1-Year Net Income Growth | 403.8% |
| 2010 Employees | 2,462 |
| 1-Year Employee Growth | (24.9%) |
Key People from Hoover's UK
Key people and executives for Cermaq ASA
| Chairman | Sigbjørn Johnsen (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO | Geir Isaksen |
| Deputy CEO | Geir Sjaastad |
Top Competitors from Hoover's UK
Top competitors of Cermaq ASA
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