EWOS employees share enthusiasm for joining Cargill
August 28, 2015
Aquaculture is set to grow significantly over the coming decades. As the world's population grows, incomes rise and diets change, the need for protein is expected to grow by 70 percent by 2050. Farmed fish can go a long way to help meet that demand. As a matter of fact, it has already surpassed global beef production. Cargill intends to play a major role in this growing and important market.
On August 17, Cargill announced the $1.35 billion euro acquisition of EWOS, a leading salmon feed producer based in Norway. The transaction, which is subject to regulatory approvals, is expected to close before the end of the calendar year.
With the purchase of EWOS, which has significant global market share, Cargill enters the salmon feed market for the first time.
“Perhaps most importantly, we are adding 1,000 very talented and knowledgeable EWOS employees in Norway, Chile, Scotland, Canada and Vietnam,” said Sarena Lin, president of Cargill’s Feed & Nutrition business.
“Adding Cargill's extensive resources and global reach will allow the new organization to provide world-class, innovative products and help us accelerate our growth and transform our fish and shrimp nutrition business,” said Lin.
As you can see in this video, EWOS employees feel the same way. Check it out to get reactions from EWOS CEO Einar Wathne and other EWOS employees.