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Mowi ASA has entered a strategic and industrial partnership with Skretting/Nutreco, under which Mowi will produce feed using Skretting’s formulations. This follows the conclusion of Mowi’s strategic review of its Feed Division, initially announced on 4 March 2025. The agreement aims to enhance Mowi’s salmon farming operations by leveraging Skretting’s expertise in feed innovation and cost efficiency. Mowi Feed will continue operations, maintaining its two state-of-the-art factories in Norway and Scotland.

The partnership was announced by Mowi CEO Ivan Vindheim, who highlighted the alignment between Mowi and Skretting as a key outcome of the strategic review. Vindheim emphasized that the collaboration will secure high-performing feed at competitive costs while driving innovation in European salmon farming. Mowi will pay a small annual consideration for the partnership, which builds on decades of existing supply relations between the companies.

Skretting has supplied Mowi with salmon feed for decades, known for its quality and competitive pricing. The increasing complexity of feed formulation has made nutritional expertise and research and development more critical. By formalizing the partnership, Mowi seeks to capitalize on Skretting’s specialized competencies to improve feed performance and reduce costs through optimized procurement and logistics.

Mowi retains its feed production facilities and organization, ensuring continued profitability in the feed value chain. The company anticipates a tightening feed market in the coming years, which could further enhance the segment’s profitability. Vindheim described the model as offering the best of both worlds: leveraging Skretting’s innovations while maintaining control over feed production and market outlook.