Salmar

Kverva, Norway Founded: 1991 • Age: 35 yrs Acquired By Kverva
Farmed salmon is produced, processed, and distributed internationally.
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About Salmar

Salmar is a company based in Kverva (Norway) founded in 1991 was acquired by Kverva in June 1997.. The company has 2,940 employees as of December 31, 2024. Salmar has completed 3 acquisitions, including Arnarlax, Nekton and Wilsgaard. Salmar offers products and services including Salmon and Salmon Products.

  • Headquarter Kverva, Norway
  • Employees 2940 as on 31 Dec, 2024
  • Stage Public
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Salmar Asa
Operational Areas
Key Metrics
  • Annual Revenue
    $2.32 B (USD)
    -6.34
    as on Dec 31, 2024
  • Net Profit
    $261.6 M (USD)
    4.63
    as on Dec 31, 2024
  • EBITDA
    $612.15 M (USD)
    -15.76
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
    DNB

    & 3 more

  • Employee Count
    2940

    as on Dec 31, 2024

  • Investments & Acquisitions
    Arnarlax

    & 2 more

  • Acquired by
    Kverva

    (Jun 01, 1997)

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IPO & Listings of Salmar

Salmar is a publicly listed company on the OSL with ticker symbol SALM in Norway, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: SALM . Sector: Process industries · Norway

Products & Services of Salmar

Salmar offers a comprehensive portfolio of products and services, including Salmon and Salmon Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Salmon is farmed and supplied for food purposes, with emphasis on quality and global distribution.

Processed salmon products are distributed, focusing on local processing and readiness for consumption.

People of Salmar
Headcount 200-500
Employee Profiles 40
Board Members and Advisors 4
Employee Profiles
People
Ulrik Steinvik
CFO
People
Asgeir Johansen
Kvalitetssjef
People
Arthur Wisniewski
Director Human Resource Management
People
Vegar Strand
Akvateknikker Hos Salmar.

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Board Members and Advisors
people
Leif Inge Nordhammer
Board Member
people
Trine L. Danielsen
Board Member
people
Margrethe Hauge
Board Member
people
Arnhild Holstad
Board Member

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Funding Insights of Salmar

  • Total Funding
  • Total Rounds 5
  • Last Round
  • First Round

    (01 Mar 2012)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Post-IPO - Salmar Valuation

investors

Apr, 2021 Amount Post-IPO - Salmar Valuation

investors

Nov, 2020 Amount Grant - Salmar Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Salmar

Salmar has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include DNB, European Union and Pareto Securities. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Kverva is focused on investments in the marine sector.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Provides investment banking, brokerage, and research in Nordic and international markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Salmar

Salmar has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Arnarlax, Nekton and Wilsgaard. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Fish products are produced and supplied by Nekton in Norway.
2019
Aquaculture farm operations are conducted in Iceland since 2009.
2009
Provider of engineering and consulting services for the energy sector
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Salmar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Salmar Comparisons

Employees
+
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Competitors of Salmar

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Salmar

Frequently Asked Questions about Salmar

When was Salmar founded?

Salmar was founded in 1991 and raised its 1st funding round 21 years after it was founded.

Where is Salmar located?

Salmar is headquartered in Kverva, Norway. It is registered at Kverva, Trøndelag, Norway.

How many employees does Salmar have?

As of Dec 31, 2024, the latest employee count at Salmar is 2,940.

What is the annual revenue of Salmar?

Annual revenue of Salmar is $2.32B as on Dec 31, 2024.

What does Salmar do?

Founded in 1991 in Kverva, Norway, operations are centered on the aquaculture sector, focusing on salmon farming. Broodstock and smolt production are managed, followed by marine-phase farming, harvesting, and primary processing. Secondary processing and sales are conducted through international offices. Distribution occurs across global markets, with sustainable practices integrated throughout the supply chain.

What products or services does Salmar offer?

Salmar offers Salmon and Salmon Products.

Is Salmar publicly traded?

Yes, Salmar is publicly traded on OSL under the ticker symbol SALM.

How many acquisitions has Salmar made?

Salmar has made 3 acquisitions, including Arnarlax, Nekton, and Wilsgaard.

Who are Salmar's investors?

Salmar has 4 investors. Key investors include DNB, European Union, Pareto Securities, and Kverva.

What is Salmar's ticker symbol?

The ticker symbol of Salmar is SALM on OSL.

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