From one boat to global impact

10.000
Employees globally (per 31.12.2024)
NOK 50 bn
Portfolio value (per 31.12.2024)
40+
Years of investment
Where it all began
In 1981, Austevoll was a small fishing community on Norway's west coast. The Møgster family saw potential where others saw limitations. Starting with a single fishing vessel, they built a company based on a simple principle: take the profits from the sea and reinvest them in better boats, better technology, and better opportunities for the community.
This wasn't venture capitalism. It was building businesses that would employ your children's classmates, that would keep the school open, that would give young people a reason to stay.
Today, Austevoll Seafood owns companies worth over NOK 50 billion. We employ 10,000 people globally. But our main office? Still in Austevoll, population 5,300. Our philosophy? Still the same: patient capital, active ownership, community first.
– We never forgot that behind every investment decision is a family depending on that job, a community depending on that industry.
Arne Møgster
Chief Executive Officer
The journey
1981
The beginning
Austevoll Fisk AS established with one boat and five employees
1981
The beginning
Austevoll Fisk AS established with one boat and five employees
1990s
Expanding horizons
From fishing to processing. Building the value chain piece by piece
1990s
Expanding horizons
From fishing to processing. Building the value chain piece by piece
2000
Going global
First international operations in Peru and Chile
2000
Going global
First international operations in Peru and Chile
What makes us different
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We stay local
Create lasting values through healthy oceans and thriving communities.
We stay local
Create lasting values through healthy oceans and thriving communities.
We develop businesses
Create lasting values through healthy oceans and thriving communities.
Value chain
Our portfolio isn't random – it's strategic. Each company strengthens the others through supply agreements, shared technology, and market access. This integration creates value no single company could achieve alone.
Catch & Farming
Processing
Distribution
Consumer
Our companies
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The next chapter
The ocean's resources are not infinite. Climate change is real. The world needs sustainable protein. These aren't challenges – they're why we exist. From our base in Austevoll, we're investing in the technologies and companies that will feed the world sustainably for generations to come.
