ODE TO TAKE OVER MOWI FACILITY AND CONVERT IT TO COD PRODUCTION

Ode to take over Mowi facility and convert it to cod production. Ode and Mowi have agreed on a transfer that secures continued operations at a land-based facility on Norway’s west coast. Mowi will run the site through the summer, after which Ode will take over operations and staff and convert production to juvenile and broodstock cod.

“We’re pleased to have found a good solution for the facility and its employees. This secures continued operations at the site,” says Asgeir Hasund, Regional Director at Mowi Norway.

Mowi will run the facility through the summer with its current stock of cleaner fish. Ode will then take over the site along with its staff, converting operations to juvenile and broodstock production for cod.

Hasund thanks the employees for their efforts over many years, and particularly through the recent transition.

“Ode is a solid player in cod farming and will develop the facility further in a sustainable way,” he says.

Ode CEO Ola Kvalheim is clear that the site will play an important role in the company’s cod farming value chain.

“Ode has a strong need for additional land-based capacity, and this facility fits perfectly into our portfolio — with skilled and experienced staff, proximity to several of our existing locations, and clear potential for further development. The facility and several of its employees have previously produced juvenile cod with very strong results, and we’re confident we can build on what Mowi has developed in recent years. The site can easily be converted back to cod and is well suited for both juvenile and broodstock production. Together with Mowi, we will begin the process of applying for a change of species to cod immediately. We hope for a swift process with the relevant authorities, so that we can resume operations without interruption.”

Image: Ode