Benchmark in deal with SalMar

BENCHMARK has signed a long-term agreement with Norwegian salmon farmer SalMar to provide genetics, health and knowledge services to the company, it was announced today.
Benchmark through its subsidiary SalmoBreed will form a 50/50 joint venture for the production of SalMar’s salmon strain, Rauma.
This joint venture, to be called SalMar Genetic, will be formed by a demerger of SalMar’s salmon production facility in Reistad, Norway.
Benchmark will take full responsibility for managing the breeding programme through another of its subsidiaries, Akvaforsk Genetics Center.
The agreement also includes sales of eggs from Benchmark’s land based sites in Iceland and, once commissioned, from its Salten site in Norway.
The Benchmark group will also provide fish health services, diagnostics, and health products to SalMar.
Malcolm Pye (pictured), CEO of Benchmark, said: ‘We are delighted to sign an agreement with such a blue-chip partner in the salmon market.
‘It is testament to our customers’ recognition of the benefits of our growing, integrated package of products and services, as well as our ability to enhance value for producers and contribute towards the overall sustainability of the aquaculture industry.’