About us
Local management and a lean head office
Our organization is built on a common strategy and company culture, and reinforced by local management and a lean head office. Cermaq has farming operations in Canada, Chile and Norway, and also a sales office in Miami, US.
Cermaq's companies
Cermaq Chile has operations in regions X, XI and XII, and is managed from Puerto Montt in Region X.
Cermaq Canada operates on both the east and west side of Vancouver Island, British Columbia, and is managed from the head office in Campbell River.
Cermaq Norway has operations in Finnmark and Nordland, and has administration in Steigen, Nordland.
The parent company, Cermaq Group AS, is located in Oslo, Norway.
Cermaq is a fully owned subsidiary of Mitsubishi Corporation.
Global Management Team
Steven Rafferty
CEO
Steven Rafferty was appointed CEO of Cermaq from March 2022. He was MD in Chile from 2019, and was also part of the Cermaq team from 2008-2010.
David Kiemele
Managing Director Canada
David Kiemele joined Cermaq in 2016 and was appointed Managing Director in 2017.
Knut Folmer Ellekjær
Managing Director Norway
Knut Ellekjær joined Cermaq in 2017. Mr. Ellekjær has broad management experience from the food industry.
Joachim Wessel
Managing Director Chile
Joachim was appointed Managing Director for Cermaq Chile from June 2024. He joined Cermaq in March 2020 as Commercial and Supply Chain Director.
Lars Galtung
Chief Communication and Sustainability Officer
Lars Galtung joined Cermaq in 2021, and was appointed Chief Communication and Sustainability Officer in September 2022.
Ole Martin Grimsrud
Chief Financial Officer
Ole Martin Grimsrud joined Cermaq as CFO in September 2020. Mr. Grimsrud has broad international industry experience.
Axel Ranang Gustavsen
Chief Legal Officer
Axel Gustavsen joined Cermaq in 2016.
Sanna Johansson
Group Human Resource Director
She started in Cermaq in March 2023, and was appointed Group Human Resource Director from July 2024.
Shinya Kanno
Group Business Development Director
He was named Group Business Develoment Director in July 2024.
Board of Directors
Hirofumi Yamazaki
Chair of the Board
Hirofumi Yamazaki was appointed Chair of the Board in 2023 and is located in Oslo.
Helge Midttun
Director
Helge Midttun is an external Director and has been at the Board of Cermaq since 2009.
Kenichi Ito
Director
Kenichi Ito is General Manager for Strategy & Planning Office, Marine Products Division, Food Industry Group.
Satoshi Nakaniwa
Director
Satoshi Nakaniwa has been on the Board of Directors since 2024 and is General Manager Food Industry Administration Department of MC.
Julie Rogers
Director
Julie Rogers has been on the Board of Directors since 2024 and is General Manager of the Corporate Comms & Sustainability Dept. at MC’s London Branch
Nina Udnes Tronstad
Director
Nina Udnes Tronstad is an external Director and has been at the Board of Cermaq since 2024.
Tone Wille
Director
Tone Wille is an external Director and has been at the Board of Cermaq since 2024.
Company history
The main events in the history of the company are listed below.
Established in 1995, the history of Cermaq is a tale of transformation; from a grain trading company, to a global leader of salmon farming.
2022
Change of CEO
CEO Geir Molvik retires and Steven Rafferty is appointed new CEO, the first non-Norwegian CEO of Cermaq.
2020
iFarm project launched
Cermaq embarks on the ambitious goal towards individualized farming. iFarm was awarded four development licenses.
2018
Establishing UN Action Platform for Ocean
Cermaq is the first first business partner and a founding patron to the UN Action Platform for Sustainable Ocean Business.
2018
New processing plant
The new processing plant setting a new standard for the salmon industry is inaugurated at Storskjæret, Steigen, Norway.
2016
One company in Chile
The two MC group companies Cermaq Chile and Salmones Humboldt merges.
2016
New hatchery
The new hatchery at Forsan, Steigen, Norway is inaugurated in October, enabling Cermaq to be self-sufficient with smolt.
2016
Change of CEO
CEO Jon Hindar leaves Cermaq, and Geir Molvik is appointed new CEO.
2014
Mitsubishi Corporation acquires Cermaq
Mitsubishi Corporation acquires 100% of the shares in Cermaq ASA, and the company is delisted from Oslo Stock Exchange. Cermaq ASA changes name to Cermaq Group AS.
2013
EWOS is being sold
Cermaq sells its feed division EWOS to the private equity funds Altor and Bain Capital. The farming division, Mainstream, changes name to Cermaq.
2012
Acuisition of Cultivos Marinos Chiloé
Cermaq acquires the Chilean farming company Cultivos Marinos Chiloé.
2011
New production area in Nordland, Norway
Mainstream Norway establishes a new production area in Ofotfjorden.
2011
New production area in Region XII, Chile
Mainstream Chile starts production in Magallanes (region XII).
2011
Exiting non-core
Cermaq sells its shares in the non-core business Hordafôr.
2011
Taking part in the global agenda
Cermaq joins UN Global Compact and Transparency International Norway.
2011
Change of CEO
CEO Geir Isaksen leaves Cermaq after 15 years, and Jon Hindar is appointed new CEO.
2010
Entering Vietnam feed market
EWOS enters the fish feed market in Vietnam, in a joint venture with Anova.
2010
Exiting farming operations in Scotland
Cermaq sells out of fish farming activities in Scotland.
2009
New feed plant in Florø, Norway
EWOS Norway inaugurates a new production line in the Florø plant. The plant becomes Norway’s largest feed factory with an annual capacity of 250 000 tonnes. The plant is the world’s most modern and environmental friendly within fish feed plant.
2008
Opening research facility in Chile
Cermaq’s R&D division, EWOS Innovation, opens a research centre in Colaco, Chile.
2007
Expanding operations in Finnmark, Norway
Cermaq acquires Arctic Seafood with operations in Nordland and Troms, Norway, and divests the Arctic licenses in Troms to Salmar.
2006
Entering farming operations in Finnmark, Norway
Cermaq enters operations in Finnmark by acquiring Langfjordlaks AS, Polarlaks AS and Hammerfest Lakseslakteri AS.
2005
Significant farming operations in Norway
Cermaq acquires the remaining shares of Follalaks and becomes a significant player in Norwegian salmon farming.
2005
Acquiring Heritage , BC, Canada
Cermaq takes over the fish farming company Heritage, and thereby more than doubles its production in Canada.
2005
Listed on the Oslo Stock Exchange
Cermaq ASA was listed at the Oslo Stock Exchange 24th of October.
2004
Expanding farming operations in Chile
Cermaq acquires the remaining shares and gains 100 % ownership in the Chilean farming company Salmones Andes. The operations are integrated with Mainstream Chile. Cermaq is becoming one of the largest producers in Chile.
2004
Entering farming operations in Norway
Cermaq aquires 34 % of the shares in Follalaks AS.
2004
Selling non-core business in Vaksdal and Skaun, Norway
Cermaq sells Vaksdal Industrier AS and the power plant at Buvika in Skaun municipality.
2003
Naming all farming operations Mainstream
Cermaq decides to assemble its farming operations under the unified name Mainstream. Farming operations in Canada and Scotland change names to Mainstream Canada and Mainstream Scotland.
2003
Selling majority shares in Unikorn AS
Cermaq sells its shareholding of 66 percent of the shares in Unikorn AS and becomes a minority shareholder in Unikorn AS.
2003
Divesting Aquascot Ltd.
Cermaq sells its shareholding of 49 % of the shares in Fiskå Mølle AS to Brødrene Nordbø AS, and Cermaq decides to sell the processing company Aquascot Ltd.
2002
Entering Salmones Andes
Cermaq acquires 30 % of the shares in the Chilean farming company Salmones Andes.
2002
Closing feed plants in Norway
EWOS decides to close the feed plant at Vestnes effective from April 2002 and the feed plant in Stavanger effective from March 2003.
2002
Selling feed plants in Norway
Cermaq, Skiens Aktiemølle ASA and Fritzøe Møller AS enters an agreement selling all their shares in the company Norgesmøllene DA to Felleskjøpet Øst Vest, effective from January 2003.
2001
Restructuring Statkorn
Cermaq enters into an agreement with Felleskjøpene to re-acquire 50 % of the shares in Statkorn AS (at the time Unikorn AS). Thereafter Cermaq sells 34 % of the shares in Unikorn AS to Bygdemøllenes Investeringsselskap AS.
2001
Selling the farm Staur Gård
Cermaq sells Staur Gård and Cermaq’s shareholding in Norsk Kornforedling AS to the Norwegian State represented by the Ministry of Agriculture. Cermaq divests its silos in Hamar, Skarnes, Melsomvik and at Sjursøya to Statkorn AS.
2001
Becoming Cermaq
The company changes its name from Statkorn Holding ASA to Cermaq ASA.
2000
Entering farming operations
Statkorn Holding AS enters farming operations through acquisition of the fish farming companies Pacific National Group Ltd and Prime Pacific Seafarms Ltd in Canada, Mainstream Salmones Y Alimentos S.A. in Chile and Mainland Salmon Ltd, Shetland Norse Ltd and Aquascot Group Ltd in Scotland.
2000
Large share issue
Statkorn Holding AS executes a share issue of NOK 1 500 million.
2000
NorAqua and EWOS merge
Statkorn Holding AS takes over from Felleskjøpene the remaining 43 % of the shares in NorAqua. NorAqua AS and EWOS AS merge, and the new company keeps the name EWOS.
2000
Acquiring EWOS
Statkorn Holding AS takes over of the fish feed companies EWOS AS, EWOS Ltd (UK), EWOS Chile S.A. and EWOS Canada Ltd from Danisco.
1999
Opening for private owners
The Norwegian state sells 20 % of the shares in the Statkorn Holding AS.
1999
Selling grain operations
Statkorn Holding AS sells its feed grain operations in Stormøllen and 50 % of the shares in Statkorn AS.
1999
Growing in fish feed
Stakorn Holding AS acquires 19 % of the shares in NorAqua, and with this becomes majority owner in the company (57 %).
1998
From AS to ASA
Statkorn AS changes to Statkorn Holding ASA.
1998
Restructuring Food Flour
Norgesmøllene DA discontinues food flour production in Stavanger and purchases 50 % of the shares in Food Manufacturing Services.
1996
Entering fish feed
The fish feed company NorAqua AS is established with Statkorn Holding AS as a minority owner (41%). Stormøllen’s aquaculture division is merges into NorAqua AS.
1995
Growing in livestock feed
Cermaq purchase 49% of shares in livestock feed company Fiskå Mølle AS.
1995
Restructuring flour operations
The flour division in Stormøllen AS is separated out and merged with flour operations in creating Norgesmøllene DA where Stakorn Holding Cermaq owns 60%.
1995
Statkorn AS was founded
The grain trading company Statkorn AS was founded in July when a new marketing organisation for grain was introduced in Norway. Statkorn AS was transferred to Stakorn Holding AS.
1994
Established 12.12.1994
The company Statkorn Holding AS (later Cermaq) was founded as a state owned company 12.12.1994 taking over shares in Stormøllen as of January 1995.