Icelandic fishing and processing company FISK Seafood, based in Sauðárkrókur in the north of Iceland, has branched out from operating trawlers to acquire Höfn fishing company Ölduós ehf and its longliner Dögg SU-118.
According to a statement by the company, the acquisition is subject to approval by the monopolies authority. The current owners will finish the current fishing year before the handover takes place.
The 11 metre Dögg has up to now fished from Stöðvarfjörður in the south-east of Iceland, and comes with a 700 cod-equivalent tonne quota.
‘With this acquisition, FISK Seafood is taking its first steps in longline and jig fishing with a small boat, and if this works out well, then we will continue to build up our presence in this sector,’ said managing director Friðbjörn Ásbjörnsson.
‘Seasonal fishing boats would be a welcome addition to the growing activity that has been seen in Sauðárkrókur in recent years and this first step in acquiring Dögg is a boost to shore-based production and the value it generates every day.’
The acquisition increases the company’s cod quota by around 5%, equivalent to two to three weeks’ production at FISK Seafood’s plants in Sauðárkrókur and Snæfellsnes.