Pelagia

Pelagia AS, with the slogan "It's all about the fish," is a major player in the production of pelagic fish products for human consumption and a significant supplier of vital ingredients in various fish- and animal feed products, including protein concentrate, fishmeal, and fish oil. The company operates 26 factories across Norway, United Kingdom, Ireland, and Denmark, with 23 of them being fully owned and three being partly owned. Its operations are divided into two divisions: Food (consumption) and Feed (protein concentrate, fishmeal, and fish oil). The Food division primarily exports its products, while the Feed division's products are mainly sold in the domestic market to be used as essential ingredients in fish- and animal feed production. Pelagia's commitment to utilizing close to 100% of the wild pelagic fish positions it as an environmentally conscious and efficient entity in the industry. Pelagia is jointly owned by Austevoll Seafood ASA and Kvefi AS in a 50/50 share split. Egil Magne Haugstad serves as the company’s CEO. The company's focus on sustainability and its efficient use of natural resources make it a compelling investment opportunity in the Food and Beverage, as well as Manufacturing industries. With its established presence in multiple countries and a diversified product portfolio, Pelagia presents an attractive investment prospect for any venture capital firm seeking exposure to the thriving seafood industry. Considering the company's strong ownership structure and committed leadership, Pelagia stands as an intriguing prospect for potential investment.