Kvarøy Arctic forms new smolt business

To tighten its Atlantic salmon supply chain, Kvarøy Arctic has formed Kvarøy Smolt, naming a new CEO for that business in the process.

Kvarøy Island, Norway-based will now receive two-thirds of its smolt from the newly formed Kvarøy Smolt, located in the nearby town of Mo i Rana, the salmon producer said in a press release.

Kvaroy also named Pia Moeller as the CEO of Kvarøy Smolt.

Earlier this year, Kvarøy Arctic’s parent company Kvarøy Fiskeoppdrett AS, acquired its primary supplier of smolt, Ranfjord Fiskeprodukter.

The company, now known as Kvarøy Smolt AS, has a team of 10 employees producing over 5.5 million smolt per year, about a quarter of which goes directly to Kvarøy Arctic. 

“Everything we do relies on the way life begins at the egg and smolt stage for the salmon,” Kvarøy Arctic CEO Alf-Gøran Knutsen said in a press release. “Ranfjord Fiskeprodukter has been a trusted supplier of smolt for us for the past 20 years. We’re grateful for all they did and are now proud to take command over the smolt production ensuring the best possible quality for years to come. To do that, we needed a leader for Kvarøy Smolt with a diverse background and Pia brings the analytical and systems perspective we were looking for.” 

Prior to joining Kvarøy Smolt, Moeller was CFO of Coop Helgeland SA for eight years. She has also served as a board member for multiple retail companies.

“I love a good challenge. We have a competent team here, which is essential as I look for ways the company can optimize its processes, continue to practice best-in-class health and safety methods, and maintain a work environment that is equitable for all and inspiring to be part of,” Moeller said.

In addition to buying smolt from Kvarøy Smolt, Kvarøy Arctic will continue to secure a supply of smolt from Gryttåga Settefisk.

Photo courtesy of Kvarøy Arctic

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