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The Auss story

From one boat to global impact

It started with a dream and a fishing boat in 1981. Today, we're active owners of world-leading seafood companies. But the most important part hasn't changed: we're still here in Austevoll, still investing strategically, still building for the next generation.
Black and white photo of a fishing vessel "MØGSTERFJORD" hoisting a net full of splashing fish from the water, surrounded by smaller boats.

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

Arne Møgster

Chief Executive Officer

The journey

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

2000

Going global

First international operations in Peru and Chile

What makes us different

Room for a lead sentence or two, whatever suites this section.

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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A fishing trawler on rough, stormy seas with large waves.

Leadership

Something about leadership

Aerial view of an industrial plant and port with a long pier extending into the ocean, a beach, and arid mountains.

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.