OUR STORY BEGAN IN 1909 AFTER AN EXTREMELY GOOD HERRING SEASON

Skipper Peter Jakobsen couldn't get his catch sold for salting because of the size of the fish. So much blood, sweat and danger behind a catch that did not bring any profit. Mr. Jakobsen and his brother decided that this was never going to happen again and fitted a cooker and press onto his fishing vessel.

In 1910, he had the first floating fishmeal and oil factory. At that time, a large part of the protein phase “stickwater” was discharged into the sea due to a lack of technology to handle soluble protein. A solution was found and patented during the Second World War, after extensive R&D. This technology is widely used today in the fish meal and oil industry.

OWNED BY PIONEER POINT PARTNERS
& VERDANE

Pioneer is an independent infrastructure investment firm, focused on investing in the energy transition and environment sectors across Europe. Verdane is a growth equity investment firm that helps
tech-enabled and sustainable European businesses to reach the next stage of international growth.

OPERATIONS

Today, seafood waste from wild and farmed seafood is collected by our vessels, recycled at our factories and reused by our customers producing bioenergy and feed, in more than 20 different countries. We are located in Norway, Denmark, Scotland and Iceland with recycling facilities and offices, and vessels operating between these sites, in addition to the entire Norwegian coastline.

MANAGEMENT