June 22, 2022

 

Scottish Salmon Company renames Scottish operations to Bakkafrost Scotland

 

 

The Scottish Salmon Company (SSC) has announced on June 21 that it will rename its operations in Scotland, the United Kingdom, to Bakkafrost Scotland.

 

SSC was acquired by Bakkafrost in 2019. The corporate focus for the past two years has been to align the businesses and develop its core capabilities in Scotland.

 

The renaming of the Scottish operations will ensure that the group operates as one company, with two regions of production. The goal is to become Scotland's leading most sustainable salmon producer and Bakkafrost's sustainability strategy is expected to transform the business, its impact on the environment and deliver leading standards of fish health and welfare.

 

As an integral part of the five-year investment and sustainability plan, the Bakkafrost Group has committed to an investment programme of £711 million (US$870.2 million) to increase its output of premium salmon by more than 40%. A substantial proportion of this investment will be made in Scotland.

 

The investment will create jobs, drive forward rural economies, develop business performance and improve day-to-day operations for Bakkafrost Scotland's current 600 staff located across the West Coast of Scotland and the Hebridean Islands.

 

The substantial investment in the country will also drive forward the wider salmon farming sector.

 

Additionally, recirculating aquaculture system (RAS) technology will be used across all freshwater productions, transforming Bakkafrost Scotland's operations.

 

The announcement came shortly after another investment milestone for the company with the opening of its new Scotland headquarters in Drumsheugh Gardens, Edinburgh.

 

Regin Jacobsen, chief executive officer of Bakkafrost, said: "When we acquired the Scottish Salmon Company, we saw the exceptional value of Scottish provenance and an opportunity to create the leading and most sustainable salmon producer in Scotland.

 

"The next step in realising this potential is the renaming of our Scottish operations to Bakkafrost Scotland. This represents an important milestone in our "One Company" strategic focus, as we continue to build on our strengths and best practices across the group to fully benefit from the collective knowledge and competencies from our passionate and talented employees.

 

"The renaming also signals that we are fully commited to Scotland and look forward to realising our investment plan that will create jobs and value in our local communities. Scotland is an integral part of our future plans for business growth."

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