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Vestlaks merges into Bakkafrost.

23. Jun 2010

 

On January 1, 2010, Vestlaks merged into Bakkafrost, making it a major player on the world stage.  Bakkafrost and Vestlaks had a combined production of 31,000 tonnes in 2009, which made the merged company the 10th-biggest salmon producer in the world.

As Vestlaks adapts Bakkafrost’s strategy, they will phase out their production of rainbow trout and only focus on producing salmon.  This merger makes a lot of sense for Bakkafrost, especially when considering economies of scale.  It will cut Bakkafrost’s production costs even further and make them better prepared to take big orders, give long-term contracts, and ensure reliability of delivery.

 

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