Bakkafrost, one of the leading salmon producers from the Faroe Islands, partnered with the Faroese government to take over the responsibility of the Faroese broodstock program to save and preserve the Faroese strain of the North Atlantic salmon.
This unique strain was facing extinction after having been farmed for over 40 years in the Faroe Islands. The company has the option to obtain the genome rights in 2021 and is building a new state-of-the-art broodstock facility to secure future broodstock operations based on this strain.
In the meantime, the company has been able to deliver eggs for this unique strain to their hatcheries and is looking forward to being self-sufficient. The investment in the broodstock operation is a long-term investment which is expected to create value for Bakkafrost.