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Benchmark Genetics Norway signs 10-year agreement with Bolaks

The agreement includes the production of Atlantic salmon broodstock and eggs from the SalmoBreed strain

Benchmark Genetics Norway signs 10-year agreement with Bolaks
October 9, 2019

Benchmark Genetics Norway (formerly SalmoBreed) and Bolaks have signed a 10-year agreement for the production of Atlantic salmon broodstock and eggs from the SalmoBreed strain. This is a continuation of a long-standing collaboration of almost two decades.

The agreement includes the production of broodstock at Bolaks in Hordaland, as well as production of ova at the facility in Lygrepollen in Fusa. A newly formed joint venture will own and operate two applied fishing licenses in southern Norway which will create a stronger business model with broodstock spread more geographically. The agreement also includes a 10-year supply agreement for eggs from Benchmark Genetics Norway AS to AS Sævareid Fiskeanlegg, where AS Bolaks is the main shareholder.

Jan-Emil Johannessen, CEO of Benchmark Genetics Norway, said that they “are very pleased to continue the close cooperation we have had since 2000 with Bolaks. Strategically, it is important for us to have a solid foothold in southern Norway, which complements our production of broodstock and ova in the North at SalmoBreed Salten AS and Salten Stamfisk AS. Bolaks is a very capable and reliable manufacturer that has great respect for us and our customers.”