- CEO
- Arne Mogster
- Full Time Employees
- 6,908
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Alfabygget Storebø Norway 5392
- IPO Date
- Jan 17, 2012
- Business
- Austevoll Seafood ASA (ASTVF) is a leading Norwegian seafood company focused on the capture, processing, sale, and distribution of pelagic fish products. The company offers fresh and frozen Atlantic herring, mackerel, capelin, blue whiting, and horse mackerel; fish meal and fish oil; and value-added products such as salted and marinated fish through its integrated operations spanning fishing, processing, and trading. It operates vessels and processing plants primarily in the Northeast Atlantic fisheries, with sales directed to markets in Europe, Asia, and other regions.
Founded in 1982 and headquartered in Storebø, Norway, Austevoll Seafood ASA conducts business through subsidiaries including Austevoll Fisk AS, Pelagia AS (a major pelagic player), and Lerøy Seafood Group stakes, positioning it as one of Europe's largest seafood groups by volume in wild-caught sustainable fish. The company targets wholesalers, retailers, and industrial customers in the human consumption and feed ingredient segments, emphasizing quota-based fishing rights and efficient supply chain logistics across Norway, the UK, and international waters.
In recent developments, Austevoll Seafood ASA completed the acquisition of additional interests in Pelagia Group in 2024, strengthening its position in the pelagic sector; announced a strategic alliance with international traders for expanded mackerel exports in late 2024; and launched new sustainable fish oil products certified for aquaculture feed amid rising global demand. The company also reported a major quota allocation win for Northeast Atlantic herring in 2025 and initiated expansion of processing capacity at its Norwegian facilities to support volume growth.