The Scottish Salmon Company (SSC), acquired by Faroese fish farming group Bakkafrost in 2019, has announced that it will rename its operations in Scotland to Bakkafrost Scotland.
“The corporate focus for the past two years has been to align the businesses and develop its core capabilities in Scotland,” Bakkafrost noted in a statement dated June 21st.
The renaming of the Scottish operations “will ensure that the Group operates as ‘One Company’ with two regions of production,” the statement went on. “The ambition is to become Scotland’s leading, most sustainable salmon producer and our sustainability strategy will totally transform the business, its impact on the environment and deliver leading standards of fish health and welfare.”
As an integral part of its five-year investment and sustainability plan, the Bakkafrost Group has committed to an investment program of 711 million GBP “to increase our output of premium salmon by more than 40 percent.”
“A substantial proportion of this investment will be made in Scotland,” Bakkafrost added.
“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 Scotland will also drive forward the wider salmon farming sector.”
Sustainable growth of Bakkafrost Scotland is a priority, according to the Faroese salmon farming giant. “This is being realized by introducing industry leading ‘recirculating aquaculture system’ (RAS) freshwater infrastructure for larger smolt production.”
“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,” Bakkafrost CEO Regin Jacobsen said. “The next step in realizing 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 committed to Scotland and look forward to realizing 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.”