The Company harvests and processes a variety of fish species aboard its sophisticated catcher-processor vessels, its freezer-longliner vessels and at its land-based processing facilities, and markets its products to a diverse group of customers in North America, Asia and Europe. In the U.S., American Seafoods is the largest harvester and at-sea processor of pollock and hake and the largest processor of catfish. In addition, American Seafoods harvests and/or processes additional seafood, including cod, scallops and yellowfin sole.
American Seafoods Company was created in 1987 by Kjell Inge Røkke, a Norwegian fisherman who had quit school at 16 to go to sea.In 1998 the American Fisheries Act (AFA) passed, requiring that certain fishing companies, including those engaged in the Alaska pollock and cod fisheries, to be American-owned.This caused American Seafoods Company to scramble for American owners.(In 2008, Røkke was considered to be the seventh richest person in Norway)
Eventually a group of U.S. investors led by Centre Partners Management purchased the company in 2000 for $485 million and created American Seafoods Group as a holding company.
In 2006 Centre Partners sold its nearly 23 percent equity interest in the company to a management group led by Bernt O. Bodal, the company's chairman and chief executive officer, and Coastal Villages for nearly $82 million.
Easter recess Japan
In observance of Easter, FIS.com will not be publishing articles in its World News section on 17-18 April.
Shrimp firms lay off over 400 workers Ecuador
Two processing and exporting shrimp firms from Costa Rica have been forced to lay off 412 employees since October last year, following a sharp drop in production.
Haiku records strong decrease in profits China
Chinese seafood processors, Haikui Seafood’s revenue decreased by 39.7 per cent compared to 2012 as a result of the challenging market environment affecting the industry in the country.
Salmon price status at week 16 Norway
Fresh salmon export volumes for week 15 are up 2,409 tonnes compared to week 14 and up 6,172 tonnes compared to week 15, 2013, reports Fish Pool ASA.
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