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Vega Sea A/S

www.vega-salmon.dk

Sector:Food processing
Entry year:2012
Fund:Maj Invest Equity 4 K/S
Ownership:93.3%
Other shareholders:Management

CEO:Jakob Graasbøll Enemark
Chairman:Søren Bach
Maj Invest contact:Per Høholt

Revenue:EUR 156.6 million
EBITDA:EUR 2.0 million
Employees:400

Business model

The Vega Sea Group was established in 2010 as a merger between Vega Salmon and Seamore. The company’s main activities are processing and refinement of smoked and fresh salmon, of which over 90 per cent is exported. Vega Sea's flagship factory in Flensburg opened in September 2012 and has the capacity to produce more than 25,000 MT per year, on highly automated and state of the art facilities. The group employs more than 400 people in Denmark and Germany. The customers include some of the largest international retailers, wholesalers, and food service companies in all continents.