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Mowi to Retain Feed Division Following New Partnership With Skretting

MT Newswires·12/22/2025 02:35:46
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02:35 AM EST, 12/22/2025 (MT Newswires) -- Salmon farming company Mowi (MOWI.OL) said Monday it entered into a strategic and industrial partnership with Skretting/Nutreco following a strategic review of its own feed division. Mowi will produce feed based on Skretting's feed formulation, targeting annualized cost savings of more than 650 million Norwegian kroner, according to a Monday release. Skretting is Nutreco's aquaculture feed business line and has been Mowi's longtime feed supplier. The strategic review, initiated in March, concluded with a decision to retain Mowi's feed division and its two factories.