Business
Mowi enters into strategic feed partnership with Skretting/Nutreco
(Bergen, 22 December 2025) Mowi ASA enters into a strategic and industrial partnership agreement with Skretting/Nutreco where Mowi produces feed based on Skretting’s feed formulation making Mowi an even better salmon farming company. Key highlights: Strategic partnership to deliver more than NOK 650 million (EUR 55 million) in annualised net cost savings through improvements in feed formulation and recipes, procurement and logistics.Mowi Feed with its two state-of-the-art factories to be retaine
About this update from Mowi Asa
[{"type":"image","alt":"Mowi ASA","displaySize":"","headline":null,"caption":"Mowi ASA","className":"","disableSlideshowImg":false,"size":{"original":{"width":275,"height":92,"url":"https://media.zenfs.com/en/globenewswire.com/0a49c469828e81528fc64471d915a0eb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ATwHt62AEbBLSztaj8UZYA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0MTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/0a49c469828e81528fc64471d915a0eb","width":275,"height":92}},"lazy":false},{"type":"text","content":"(Bergen, 22 December 2025) Mowi ASA enters into a strategic and industrial partnership agreement with Skretting/Nutreco where Mowi produces feed based on Skretting’s feed formulation making Mowi an even better salmon farming company.","length":233,"tagName":"p"},{"type":"text","content":"Key highlights:","length":15,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Strategic partnership to deliver more than NOK 650 million (EUR 55 million) in annualised net cost savings through improvements in feed formulation and recipes, procurement and logistics.","length":187,"tagName":"p"}]},{"val":[{"type":"text","content":"Mowi Feed with its two state-of-the-art factories to be retained as-is providing an expected EBITDA contribution in 2026E of NOK 825 million (EUR 70 million), and to capitalise on further tightening of the feed market in the coming years.","length":238,"tagName":"p"}]},{"val":[{"type":"text","content":"Total EBITDA contribution of feed partnership with Skretting and retained Mowi Feed business unit of more than NOK 1,475 million (EUR 125 million).","length":147,"tagName":"p"}]},{"val":[{"type":"text","content":"Total earnings of NOK 1,475 million (EUR 125 million) equivalent to an EBIT per kg (GWT) of NOK 2.1 (EUR 0.18) for Mowi Group, and NOK 2.6/kg (EUR 0.22) for Mowi Norway. This corresponds to NOK 1.7 in earnings per share (EUR 0.14).","length":231,"tagName":"p"}]},{"val":[{"type":"text","content":"Skretting, the aquaculture feed business line of Nutreco, is a leading global aquafeed manufacturer and supplier with advanced nutritional expertise and R&D capabilities. Partnership agreement to build upon Mowi and Skretting’s existing long-term commercial relationship, and Skretting to make available its proprietary know-how, R&D capacity, data and procurement capabilities. ","length":386,"tag...