Bakkafrost (OSE: BAKKA) is the largest salmon farmer in the Faroe Islands. The Group is fully integrated from feed production to smolt, farming, VAP and sales. The Group has production of fishmeal, fish oil and salmon feed in Fuglafjørður. The Group has primary processing in Glyvrar, Kollafjørður and Vágur, and secondary processing (VAP) in Glyvrar. The Group operates sea farming in Norðoyggjar, Eysturoy, Streymoy and Suðuroy. The headquarters are located in Glyvrar, and the company has 960 fulltime employees. Bakkafrost was established in 1968 by the two brothers Martin and Hans Jacobsen, also named "á Bakka" instead of Jacobsen, which refers to the place name Á Bakka, where they come from. The current CEO since 1989 is Regin Jacobsen, also known in the Faroe Islands as Regin á Bakka, he is the son of Hans Jacobsen (Hans á Bakka). PRODUCTS Tasty, supple, and versatile, salmon is an important part of a healthy diet. Salmon is also nutrient dense and an excellent source of high-quality protein, vitamins, and minerals. Of particular interest are omega-3 fatty acids that contribute to healthy brain function, limber joints, and a lowered risk of heart disease. Bakkafrost Salmon is a perfect example of this healthy food and we maintain its health benefits and delicious taste and consistency by treating it as close to free range/wild salmon as possible. Running cold and clean, the pristine waters around the Faroe Islands is the ideal environment to create an impeccably pure salmon. We also feed our virgin breed of salmon a wholesome diet carefully harvested from their natural environment. It is no wonder that these facts lead to an assortment of delicious and nutritious Bakkafrost products. From whole, fresh salmon begging to be turned into masterpieces by leading chefs around the world, to frozen steaks ready to feed the family at the dinner table, Bakkafrost has exactly what you want and need. LOGISTICS Bakkafrost utilizes a streamlined transportation infrastructure to get their fish to all major markets in the world from our streamlined facilities in the Faroe Islands. Bakkafrost flies or sails its fresh fish to international hubs on mainland Europe where it's immediately driven or flown to its final destination. Their quick turn around time makes it possible to get fresh salmon to any international market inside of 24 hours. May 2018 - Bakkafrost has through its recently established subsidiary, Bakkafrost US signed an agreement in Q2 2018 to acquire the business and assets in North Landing, which is a US salmon importer focusing on the East Coast and has a sales office, handling and processing facilities in Clifton, New Jersey, USA. Through the acquisition, Bakkafrost will have a better market access and better abilities to serve Bakkafrost's customers in the US market. The acquisition of North Landing has been closed in Q3 2018.