29 December 2006 Pan Fish ASA, Fjord Seafood ASA and Marine Harvest N.V merged into the new Marine Harvest Group. Below we present a short history for each of the three companies.
Pan Fish ASA
1992: Pan Fish founded.
1997: Listed on the Oslo Stock Exchange.
2001: Pan Pelagic and Pan Marine spun off.
2002: Share issue.
2003: Pan Fish refinanced. New board of directors elected. Atle Eide appointed as CEO.
2004: Further refinancing.
2005: Final refinancing carried out. 500 MNOK in debt converting and two share issues conducted. Geveran Trading Ltd. bought 47 percent of the company.
2006: Pan Fish acquired Marine Harvest and Fjord Seafood. Acquired Kritsen, smoking plant in France. Head office moved to Oslo. Name changed to Marine Harvest.
Fjord Seafood ASA
1996: Fjord Seafood founded as Torgnes Invest.
2000: Listed on the Oslo Stock Exchange.
2000: Acquired 50 percent of Pieters N.V. in Belgium.
2002: Private placement of MNOK 526.
2003: New vision and strategy introduced. Direct placement strengthened equity by MNOK 97. All companies in the group changed names to include Fjord Seafood.
2006: Fjord Seafood is acquired by Pan Fish. Acquire Ultra Frais and Delifish. De-listed from the Oslo Stock Exchange on July 6.
Marine Harvest N.V.
1965: Marine Harvest founded.
1994: Merged with McConnell Salmon.
1999: Nutreco acquired Marine Harvest McConnell.
2000: Nutreco acquired Hydro Seafood and became the world’s leading fish farming company producing cod, halibut, barramundi, yellowtail and salmon.
2003: Sales and marketing grouped into three sales organizations. No longer limited by the supply of salmon from any particular country.
2004: Extended product range by addition of organic Atlantic salmon through acquisition of Clare Island Sea Farm.
2005: Marine Harvest and Stolt Sea Farm merged, Nutreco 75%, Stolt 25%. Added sturgeon and tilapia production in addition to salmon.
2006: Marine Harvest was acquired by Pan Fish. 29 December 2006 merger into the new Marine Harvest Group.