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Vega Salmon is owned by Danish private equity firm Maj Invest, headquartered in Kolding, Denmark, and has a salmon processing site in Handewitt, Germany, employing 400-600 workers (the number of personnel varies seasonally).
Vega Salmon has an annual processing capacity of approximately 25,000 tons and its products include chilled and frozen salmon whole fish and fillets, fresh cold smoked products, cured products and other value-added products
.
Sales totalled 20,070 tonnes in 2022, generated revenues of approximately DKK 1.
31 billion (USD 189 million) and net profit of DKK 4.
67 million
.
In 2020-21, Vega Salmon suffered losses for two consecutive years due to the global pandemic
.
.
Sales totalled 20,070 tonnes in 2022, generated revenues of approximately DKK 1.
31 billion (USD 189 million) and net profit of DKK 4.
67 million
.
In 2020-21, Vega Salmon suffered losses for two consecutive years due to the global pandemic
.
Sverre Soraa, CEO of Coast Seafood, said: "Vega Salmon is a well-managed company that operates
to the highest quality standards in the industry.
With Vega becoming part of the Coast family, we will be well positioned to increase global sales
of salmon value-added products.
" ”
to the highest quality standards in the industry.
With Vega becoming part of the Coast family, we will be well positioned to increase global sales
of salmon value-added products.
" ”
In 2021, Coast Seafood acquired Norwegian processor Sotra Fiskeindustri, and the acquisition of Vega Salmon will further expand Coast's value chain
.
.
Jakob Graasboll Enemark, CEO of Vega Salmon, said: "We look forward to being a part of Coast Seafood and we have been impressed
with their focus on quality and sustainable operations, as well as their professionalism.
Both of our companies are a great match
in terms of values and cultural philosophies.
”
with their focus on quality and sustainable operations, as well as their professionalism.
Both of our companies are a great match
in terms of values and cultural philosophies.
”
Soren Holm Toth, Executive Director of Maj Invest, said: "It is important for Maj Invest to find a new owner of Vega Salmon who has the necessary industry expertise and global reach to ensure further growth
.
We believe Coast Seafood will be an excellent owner
of Vega Salmon.
”
.
We believe Coast Seafood will be an excellent owner
of Vega Salmon.
”
