Aker BioMarine: Marine biotechnology company

Aker BioMarine is a biotech innovator and Antarctic krill-harvesting company, developing krill-based ingredients for nutraceutical, aquaculture, and animal feed applications. Aker BioMarine is vertically integrated company that controls the whole supply chain.

Listed:
Merkur Market
Share of Aker's total assets (3Q20):
15%
Geographic market:
International
CEO:
Matts Johansen
Sector:
Biomarine
Chairman:
Ola Snøve
Category:
Biotechnology
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Aker’s ownership agenda

Aker believes Aker BioMarine can take a strong position within global health trends that are driving demand for omega-3 supplements. Aker BioMarine is already well-established in the U.S., and Aker also believes there is long-term potential in other global markets. Aker’s aim is to continue to build a larger, more robust company with a focus on effective operation and efficient supply chains in target industries.

In the ownership capacity, Aker believes Aker BioMarine should continue its work to maintain its competitive advantage through building a vertically integrated company that controls the supply chain. Aker strongly supports Aker BioMarine’s work to be a sustainable fishery and to reduce its carbon and environmental footprint. Aker supports the company's extensive research and develpment work, which contribute to strengthening Aker BioMarine's position as a leading supplier.

Aker remains a driving force for Aker BioMarine to be a leader in sustainable fishing with a low carbon footprint.

Kjell Inge Røkke and Frank O. Reite represent Aker on Aker BioMarine’s board of directors.

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Krill-based ingredients

Aker BioMarine produces and distributes a product portfolio of a range of krill-derived products for aquaculture, pet food and human consumption. Krill oil for human consumption is sold under the brand Superba. QRILL Aqua and QRILL High Protein are the company’s nutrient rich feed ingredients for aquaculture, while QRILL Pet is a functional ingredient for pet food.

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Building global brands

Aker BioMarine owns two brand companies: Lang Pharma Nutrition Inc. and Epion.

Lang is a mass market private label and corporate brand manufacturer specialized within healthcare products. Lang has 146 products for major US retailers, such as Walmart, Target, and CVS Pharmacy.

Aker BioMarine established Epion to build a strong national brand in mass market retail. In 2020, it launched Aker BioMarine’s omega-3 consumer brand, Kori, to major U.S. retailers.

Sustainability in focus since Day 1

Sustainability has been an integral element of Aker BioMarine’s operations and business model since the company’s inception.

For six years in a row, Aker BioMarine’s krill fishery has received an “A” rating for its well-managed fishery from Sustainable Fisheries Partnerships (SFP). Aker BioMarine has also received its third consecutive certification from the Marine Stewardship Council (MSC) for its sustainable Antarctic krill fishery following an independent assessment. The company was initially certified in 2010, being the first krill company to carry the MSC label.

Aker BioMarine maintains an extensive stakeholder collaboration with authorities, science institutions and environmental NGOs engaged in the Antarctic region specifically, as well as the broader community proposing marine resources as an important component into future foods and nutrients.

Aker BioMarine partnered the establishment of the Antarctic Wildlife Research Fund (AWR) to facilitate and promote Antarctic marine ecosystem research. Aker BioMarine reports on climate risks and opportunities in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) and the Caron Disclosure Project (CDP), and tracks progress against its 2030 carbon reduction target.

Visit Aker BioMarine's webpage to learn more.

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