Jan-Emil Johannessen and Morten Malle signing the contract at Aqua Nor

Premium Svensk Lax sign agreement with Benchmark Genetics

During the Aqua Nor trade show in Trondheim, the two companies have signed a long-term agreement for the delivery of salmon eggs to the Premium Svensk Lax plant, which is currently under construction in Säffle, Värmland in Sweden.

In August last year, Premium Svensk Lax was the first company to receive the approval of the Swedish authorities to build a land-based facility for Atlantic salmon. The plant, which is designed to produce 10,000 tonnes annually, is scheduled to be in full-scale production in 2024. Salmon will then be slaughtered, processed, and delivered five days a week to the Swedish market. The goal is to meet 20% of local demand, with opportunities for further growth.

The agreement entails that Benchmark, as the sole supplier, will provide genetics from its biosecurity facilities in Iceland for a three-year period, with an option for another two years.

Morten Malle, CEO of Premium Svensk Lax states: "We are working on the groundwork of the plant in Säffle, and the plan is that we will introduce the first eggs in the hatchery in early 2023. Our goal is to bring locally produced, sustainable and healthy premium salmon to the Swedish market. Then we must also be sure that the genetics we put into the plant come from a quality producer that also has a focus on sustainability and biosecurity. I believe we found those qualities in Benchmark Genetics."

Geir Olav Melingen, commercial director at Benchmark Genetics, is pleased to have signed another agreement with a land-based project: "The plant now under construction in Värmland is based on an exciting concept where processing is also an important part of the plans. Sweden is in a unique position, being able to freely export salmon to a number of countries where Norway encounters trade restrictions. This opens up opportunities for a formidable production growth for when Premium Svensk Lax succeeds, and we want to participate in that journey."

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