faroe pelagic

What faroe pelagic does

Pelagos (legal name P/F Pelagos) is a Faroe Islands-based B2B processor and global exporter of pelagic fish, founded in 2014 and headquartered in Fuglafjørður. The company produces frozen Atlantic Mackerel, Atlantic Herring, Capelin, Blue Whiting and Silver Smelt in four primary product formats — whole round block frozen, head-off and gutted (H/G), flaps, and fillets — sourced from cold, clean North Atlantic waters and sold directly to international food industry buyers across all major regions.

Its core technology is a state-of-the-art production facility built in 2014, equipped with horizontal plate freezers providing 750-900 tons/day of freezing capacity and 20 tons/hour of fillet capacity. Storage is enabled through a unique partnership with Bergfrost, which operates 20,000-ton cold storage tunnels inside a mountain at Fuglafjørður, ensuring year-round inventory flexibility. The facility operates under HACCP and MSC certifications, with Faroese regulatory approval number FO174, and employs between 60-80 production staff on a seasonal basis, with main throughput concentrated between August and February.

Pelagos generates revenue through wholesale B2B export of pelagic fish products, with pricing varying by species, catch method (trawl or purse seine), grading, fat content and packing specifications. Go-to-market is direct sales to international buyers and distributors, leveraging excellent transport infrastructure from Fuglafjørður. The company is privately held by a consortium of four co-owners — Sp/f Framherji, P/F Palli hjá Mariannu, P/F Havsbrún (a Bakkafrost Group subsidiary and one of the largest fishmeal and salmon feed producers in the North Atlantic), and P/F Enni — providing vertical supply integration across vessel operations, feed/meal offtake and local capital.

Name

faroe pelagic

Legal name

P/F Pelagos

Website

https://pelagos.fo

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Pelagos is a Faroe Islands-based B2B exporter of frozen pelagic fish — Atlantic Mackerel, Herring, Capelin, Blue Whiting and Silver Smelt — produced at a modern Fuglafjørður facility with 750-900 t/day freezing capacity and sold directly to global food industry buyers.

Ownership category

akta.pro rank

Product category

Frozen Pelagic Fish Production and Export

NAICS

Seafood Product Preparation and Packaging (31171), Seafood Product Preparation and Packaging (311710), Seafood Product Preparation and Packaging (3117)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Freezing & Cold-Chain Seafood Processing (IQF, Blast Freezing, Glazing) (AFANADAE)

akta.pro secondary industries

Frozen Meat, Poultry & Seafood Manufacturing (AFAKACAG), Frozen Meat, Poultry & Seafood Wholesale (AFAIAHAF), Fresh & Frozen Seafood Fillets (Portioned, Skinless/Boneless) (AFANALAA)

Keywords

• Pelagic fish processing
• Frozen seafood export
• Atlantic mackerel production
• Wholesale fish supply
• B2B seafood distribution

Headquarters

HQ city

Fuglafjørður

HQ country

Faroe Islands

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Pelagic fish product sales: Pelagos generates revenue through the production and sale of high-quality pelagic fish products including Atlantic Mackerel, Herring, Capelin, Blue Whiting, and Silver Smelt. Products are sold globally as whole round block frozen products, head-off and gutted (H/G) products, flaps, and fillets.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Faroe Pelagic (P/F Pelagos) produces and globally exports high-quality frozen pelagic fish products — Atlantic Mackerel, Atlantic Herring, Capelin, Blue Whiting, and Silver Smelt — processed at its state-of-the-art facility in Fuglafjørður, Faroe Islands. Products are sold as whole round block frozen, head-off and gutted (H/G), flaps, and fillets to international food industry buyers under buyer-specified gradings, fat contents, and packing formats.

Product overview

Pelagos is a pelagic fish producer offering a range of high-quality frozen fish products from the cold and clean waters of the North Atlantic Ocean. The product portfolio consists of five core pelagic species—Atlantic Mackerel, Atlantic Herring, Capelin, Blue Whiting, and Silver Smelt—processed as whole round block frozen products, head-off and gutted (H/G) fish, flaps, and fillets. The company operates a modern state-of-the-art production facility built in 2014 with freezing capacity of 750-900 tons per day and storage capacity of 20,000 tons. Products are primarily sold frozen and distributed globally to markets worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Atlantic Mackerel (Scomber Scombrus) A pelagic schooling species caught in the North Atlantic by trawl and purse seine, processed at Pelagos into whole round, head-off and gutted (H/G), flaps, and fillets using horizontal plate freezers. Fat content 12%–27%. Sold wholesale to international food industry buyers.
• Atlantic Herring (Clupea Harengus) A herring of the Clupeidae family from both sides of the Atlantic, caught by trawl and purse seine and processed at Pelagos into whole round, H/G, flaps, and fillets using horizontal plate freezers. Fat content 12%–20%. Sold wholesale to international food industry buyers.
• Capelin (Mallotus Villosus) A small forage fish of the smelt family found in Atlantic and Arctic oceans, caught by trawl and purse seine. Sold as whole round only, frozen using horizontal plate freezers. Season February–March. Sold wholesale to international food industry buyers.
• Blue Whiting (Micromesistius Poutassou) A species of the cod family common in the northeast Atlantic from Morocco to Iceland and Spitsbergen, caught by trawl. Sold as whole round only, frozen using horizontal plate freezers. Graded by length: 21cm+, 23cm+, 25cm+, 27cm+. Sold wholesale to international food industry buyers.
• Silver Smelt (Argentia Silus) The great silver smelt, a bentho-pelagic fish with silvery coloration and large scales, caught by trawl. Sold as whole round only, frozen using horizontal plate freezers. Season May–July. Sold wholesale to international food industry buyers.

Quantifiable outcome

• Production capacity: 750-900 tons per day
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• BergfrostminorStrategic or Co-development PartnerBergfrost provides unique cold storage facilities in Fuglafjørður where Pelagos stores goods in tunnels inside the mountain, supporting the company's cold chain and storage needs.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Austevoll Seafood: Norwegian seafood conglomerate owning Lerøy Seafood (with significant pelagic operations via former subsidiaries). Comparable pelagic harvesting and processing exposure with global B2B reach and broader product portfolio.
• Maruha Nichiro: Japan's largest seafood company with global fishing, processing, and frozen seafood operations including pelagic species. Comparable multi-species frozen seafood manufacturing and global B2B distribution model.
• Bakkafrost: Faroe Islands-based salmon-farming giant and indirect parent of Pelagos via P/F Havsbrún. Shares Faroese fisheries base, MSC-certified sustainable seafood positioning, and global B2B export reach, though focused on farmed salmon rather than wild pelagic.
• Nomad Foods: European frozen-food major (Birds Eye, Iglo) sourcing and selling frozen seafood including MSC-certified wild-caught fish. Comparable B2B frozen seafood sourcing model and reliance on MSC-certified North Atlantic supply.
• Thai Union Group: Global seafood conglomerate (Chicken of the Sea, John West) processing and distributing frozen and canned seafood worldwide. Comparable global B2B frozen seafood model, multi-species portfolio, and certifications-driven market access.
• Lerøy Seafood Group: One of the largest Norwegian seafood groups with wild-caught pelagic operations alongside farmed salmon. Comparable North Atlantic pelagic processing footprint and global B2B distribution, though significantly larger and more diversified.

Direct peers

• High Liner Foods: North American frozen seafood processor and supplier of value-added fish products to retail and foodservice. Comparable B2B frozen seafood model, multi-species portfolio, and global sourcing/processing operations.
• Royal Greenland: Greenlandic-headquartered processor and exporter of frozen seafood (cod, shrimp, pelagic) to global B2B markets. Similar North Atlantic B2B export model, multi-species frozen portfolio, and processing-scale operations comparable to Pelagos.
• Norway Pelagic (Pelagia): Norwegian-owned pelagic fish producer (formerly Pelagia AS) processing Atlantic mackerel, herring, capelin, and blue whiting into frozen blocks, fillets, and fishmeal/oil. Direct head-to-head competitor in the same European pelagic markets as Pelagos.
• P/F Havsbrún: Co-owner of Pelagos and the largest fishmeal and salmon feed producer in the North Atlantic, located in Fuglafjørður. Operates overlapping pelagic raw-material sourcing and downstream processing of pelagic by-products—directly comparable vertically integrated pelagic processor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/faroe-pelagic

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about faroe pelagic