BioMar enters partnership with Fóðurblandan in Iceland

BioMar Group has announced a partnership for the manufacture and distribution of aquafeed through Fóðurblandan’s production facility in Reykjavik, marking a significant milestone as BioMar becomes the only global manufacturer with aquafeed production in Iceland.

The collaboration combines BioMar’s global expertise in aquafeed manufacturing and nutritional knowledge with Fóðurblandan’s extensive manufacturing and distribution infrastructure and their deep-rooted presence in the Icelandic market. The partnership comes with an upgrading of the production facilities at Fóðurblandan to drive improved quality and performance, along with a distribution centre for the current range of existing BioMar product portfolio, which enables year-round reliable delivery to customers across Iceland.

“This partnership gives us a unique opportunity to deliver locally produced, high-quality aquafeed backed by BioMar’s extensive R&D capabilities”, said Paddy Campbell, VP of BioMar’s Salmon Division. “Fóðurblandan’s experience and strong supply chain infrastructure makes them an ideal partner to support our customers’ ambitions in Iceland”, he continues.

To lead this new venture, Mike McLeish has been appointed as Business Unit Director for Iceland. Mike brings extensive experience in the aquaculture industry, having held senior leadership and business development roles across multiple international markets.

Joining him is Johannes Gislason, who takes on the role of Sales & Business Development Manager. A native Icelander with a solid background in aquaculture, Johannes will play a key role in expanding BioMar’s customer relationships and technical and nutritional support.

Úlfur Blandon, CEO of Fóðurblandan ehf., said: “We are proud to enter into a commercial partnership with BioMar. With Fóðurblandan’s strong presence and extensive knowledge of the Icelandic market, combined with BioMar’s world-class technical expertise in feed development, we are forming a powerful alliance to support the future of aquaculture in Iceland. Producing feed locally is a major step toward reducing the industry’s carbon footprint, and this partnership plays a vital role in building a more sustainable, resilient and domestically driven feed supply chain.”

Other BioMar news

Results (111)

    2024, a Year of Strong Performance

    he year 2024 underlined the long-term positive development of BioMar. Profitability was remarkably strong in a year of declining volumes and revenue. Concluding a successful year, BioMar achieved a strong Q4, resulting in the best results ever for the group.

    Read more

    Positive Start of the Year

    The first quarter of the year underlines the continuous strong performance of BioMar. Record high volumes for the quarter, combined with solid earnings, provides a head start on the year. Year-on-year, BioMar increased volumes by 12%, driven by a positive development across all segments. While Salmon feed volumes increased by 7%, Selected Species went up by 13% and Shrimp reached an impressive increase of 24% in feed volumes, mainly driven by the business in Ecuador.

    Read more

    BioMar posts a record-low Forage Fish Dependency Ratio

    An all-time low FFDR of 0.37 was reported today in BioMar’s 2024 Sustainability Report. This milestone was reached through the innovative use of alternative ingredients and trimmings, which now represent 55% of the total marine ingredients.

    Read more

    BioMar acquires full ownership of leading Norwegian research centre for aquaculture

    BioMar has signed an agreement to acquire full ownership of LetSea, Norway’s leading experimental and research centre for aquaculture by taking over the remaining shares from KapNor.

    Read more

    BioMar reports record results for 2023

    Concluding a successful year, BioMar achieved a strong Q4, resulting in the best results ever for the group.

    Read more

    BioMar launches SmartCare Endurance, a new solution to boost fish health and resilience

    BioMar unveils SmartCare Endurance, an innovative feed solution developed to help farmed fish endure challenging conditions, such as SRS outbreaks. SmartCare Endurance addresses the increasing pressures of infectious diseases, chronic inflammation, and environmental stressors on aquaculture operations.

    Read more

    BioMar explores ideal aquafeed for use in Waterborne Feeding for Salmon Farming

    The latest research from BioMar has shed light on the aquafeed challenges associated with waterborne feeding systems. This new feeding system technology is gaining traction amongst salmon farmers for its potential to reduce energy consumption, microplastic pollution, and sea lice exposure. While these systems offer promising benefits, BioMar has identified specific factors contributing to nutritional loss in feed delivered through submerged systems.

    Read more

    BioMar inaugurates new Hatchery R&D facility

    BioMar’s Aquaculture Technology Centre at Hirtshals Denmark opened a new wing dedicated to research and development in the hatchery segment. The LARVIVA Hatchery Hub trial facility was officially opened by BioMar’s CEO Carlos Diaz.

    Read more

    BioMar Costa Rica Achieves ASC Feed Certification

    BioMar’s Costa Rica production facility has achieved ASC Feed Certification, marking a significant step forward towards responsible feed production for Central America's aquaculture industry.

    Read more

    BioMar appoints new MD for Vietnam

    From February, the BioMar Viet Uc joint venture in Vietnam will be headed by Managing Director Duong Anh Tu, who has an extensive commercial experience from the feed and food sector in Asia.

    Read more

    The first net-zero aquafeed facility in Iceland

    BioMar Group and Síldarvinnslan have signed a memorandum of understanding to build a modern high-tech aquafeed production facility in Iceland.

    Read more

    BioMar acquires intelligent feeding technology

    Following the successful entrance into the shrimp feed market, the board of BioMar approves the acquisition of AQ1 Systems, the world’s leading producer of acoustic feeding technology for the shrimp farming industry.

    Read more