6. September 2006 P/F

6. September 2006 P/F is a company based in the Faroe Islands that acts as a holding company for one of the largest salmon producers globally, Bakkafrost P/F. Bakkafrost is renowned within the aquaculture industry, specifically for farming Atlantic salmon. The company encompasses the entire value chain, from feed production to farming, processing, and sales of salmon products.

Brief Overview:

• Founding: Bakkafrost was originally founded in 1968, although the current structure and name have evolved over time. The company itself and its associated enterprises have a long-standing presence in the aquaculture and fish farming industry.
• Industry: Aquaculture, particularly salmon farming.
• Operations: Bakkafrost is fully integrated, handling all stages of salmon production. This includes fish feed production, freshwater and seawater farming, primary and secondary processing, and sales and distribution.
• Locations: Primarily operating in the Faroe Islands, Bakkafrost also has farming operations in Scotland after acquiring The Scottish Salmon Company (SSC) in 2019.

Key Features and Achievements:

• Sustainability: Bakkafrost is committed to sustainability and focuses on using environmentally friendly practices, efficient resource use, and minimizing the company’s ecological footprint. They invest heavily in research and development to advance their sustainable farming techniques.
• Innovation: The company is known for its innovative approach, particularly in improving fish health and welfare, developing better feed formulas, and optimizing farming and processing technologies.
• Market: Bakkafrost’s products are distributed worldwide, reaching markets across Europe, North America, and Asia. Their product portfolio includes fresh and frozen salmon, as well as value-added products like smoked and marinated salmon.
• Financial Stability: As one of the largest companies in the Faroe Islands and a significant player in the global aquaculture industry, Bakkafrost has a solid financial track record and is publicly traded on the Oslo Stock Exchange.

Strategy and Vision:

• Growth: Bakkafrost continues to seek growth through both organic means and acquisitions, continuously expanding its operations and market reach.
• Quality and Health: Ensuring the high quality of their products and maintaining the health of their fish stocks are central to their operational philosophy.
• Community Engagement: The company is also known for its engagement with local communities in the Faroe Islands, including providing jobs and supporting local economies.

Bakkafrost, via the 6. September 2006 P/F holding company, represents a central part of the Faroe Islands' economy and has significant influence in the global seafood industry.