Aquaculture

Portuguese food group lays out bold growth plans after land-based salmon farming investment

Jeronimo Martins plans to become a “relevant player” in the sector through its stake in a Norwegian land-based salmon producer and by doubling its sea bass and bream production. Other species might also be on its radar.

By 2027, aquaculture will represent 20 percent of the business of Jeronimo Martins Agro-Alimentar (JMA), Pedro Encarnação, executive director of aquaculture, told IntraFish.
By 2027, aquaculture will represent 20 percent of the business of Jeronimo Martins Agro-Alimentar (JMA), Pedro Encarnação, executive director of aquaculture, told IntraFish.Photo: LinkedIn
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Published 5 December 2024, 14:51Updated 6 December 2024, 15:18
Jeronimo Martins Agro-AlimentarPortugalNorwayLand-based aquacultureLand-based salmon