Norwegian seafood firm Pan Fish ASA announced on Monday (2 January) the purchase of the remaining 66.66% of Kritsen Group, a leading European producer of salmon with a significant market position in countries including France and Italy.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


After the share purchase Pan Fish will own 100% of the shares in Kritsen.


With an expected turnover for 2005 of NOK445m (US$66m), Kritsen operates under its own brand and through private labelling for its customers.


Pan Fish also announced its intention to increase its shareholding in seafood exporter Aalesundfisk from 27.4% to 44.2%, investing NOK9.75m in Aalesundfisk’s new share issue.


The Kritsen Group, Aalesundfisk and Pan Fish France will constitute the backbone of a new value added division in Pan Fish, making Pan Fish be one of the largest value adding producers of salmon targeted directly at the consumer.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now