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1 October 2019

Benchmark Genetics Norway signs new 10-year agreement with Bolaks

Benchmark Genetics Norway (formerly SalmoBreed) and Bolaks have signed a 10-year agreement for the production of Atlantic salmon broodstock and eggs from our SalmoBreed strain. This is a continuation of a long-standing collaboration of almost two decades.

The agreement includes the production of broodstock at Bolaks in Hordaland, as well as production of ova at the facility in Lygrepollen in Fusa. A newly formed Joint Venture will own and operate two applied fishing licenses in southern Norway, which will create a stronger business model with broodstock spread more geographically. The agreement also includes a 10-year supply agreement for eggs from Benchmark Genetics Norway AS to AS Sævareid Fiskeanlegg, where AS Bolaks is the main shareholder.

CEO of Benchmark Genetics Norway, Jan-Emil Johannessen says:

“We are very pleased to continue the close cooperation we have had since 2000 with Bolaks”.

“Strategically, it is important for us to have a solid foothold in southern Norway, which complements our production of broodstock and ova in the North at SalmoBreed Salten AS and Salten Stamfisk AS. Bolaks is a very capable and reliable manufacturer that has great respect with us and our customers”.

Bjørg Mette Holmefjord Antonsen, General Manager of AS Bolaks agrees with Johannessen, and adds:

“Production of broodstock and ova is close to our heart in Bolaks. We have been breeding, broodstock and roe since the early 70’s, and later through SalmoBreed AS where until 2014 we were on the owner side”.

“There are rapid developments in breeding and genetics, and we look forward to joining the journey further along with Benchmark Genetics Norway”.