P/F Bakkafrost (0MQ2)

Profile

https://www.bakkafrost.com

P/F Bakkafrost is a leading Faroese salmon farming company headquartered in Glyvrar on the island of Eysturoy in the Faroe Islands. Founded in 1968 by the Jacobsen brothers, it has grown into the largest fish farming company in the Faroe Islands and the third-largest salmon producer worldwide, serving as the biggest private employer in the region. The company operates across three key segments: Farming in the Faroe Islands and Scotland, Value-Added Products for retail portions, and Fishmeal, Oil & Feed production, primarily for internal use to ensure salmon quality. Highly vertically integrated, P/F Bakkafrost controls the entire value chain from roe and sustainable feed sourcing to processing, smoking, shipping via its own fleet including wellboats and cargo aircraft, and global distribution to Europe, North America, and Asia. Notable facilities include the world's largest hatchery on Borðoy and advanced slaughterhouses. Committed to sustainability, it holds ASC certification, emphasizes fish welfare, and uses by-products in feed to minimize environmental impact, producing nutritious salmon rich in omega-3s and supporting global food security.