- Business
- Austevoll Seafood ASA is a comprehensive seafood enterprise engaged across multiple segments including salmon and trout, white fish, and pelagic species, with operations spanning Norway, the European Union, the United Kingdom, Eastern Europe, Africa, Asia, North America, and South America. The company oversees the ownership and management of its fishing fleet, along with the cultivation, processing, marketing, and distribution of salmon and trout products. Furthermore, it produces white fish items, alongside fishmeal, fish oils, omega-3 oil, and a variety of canned and frozen seafood for direct human consumption. Established in 1981, Austevoll Seafood ASA maintains its corporate headquarters in Storebø, Norway, and operates as a subsidiary of Laco AS. Recent financial reports for Q2 2025 indicated an increase in revenue, though profitability saw a decline due to reduced prices for key products and the introduction of a new resource rent tax on Norwegian aquaculture. The company emphasizes an integrated value chain, from catch to market, and focuses on sustainable practices.