Cermaq Canada Sales Inc.

What Cermaq Canada Sales Inc. does

Cermaq Canada Sales Inc. is a Canadian Atlantic salmon farming company operating as a wholly-owned subsidiary of Cermaq Group AS, a Norwegian-headquartered global salmon producer with farming operations in Norway, Canada, and Chile. The company grows Atlantic salmon on both coasts of Canada — in waters off Vancouver Island in British Columbia and around Placentia Bay in Newfoundland — and distributes fresh farmed salmon through a dedicated direct-sales team to wholesale, processing, and retail customers across Canada.

The company's core technology centers on sustainable aquaculture, including trials of a Semi-Closed Containment System (SCCS) — a first-of-its-kind deployment in Canadian waters — and the iFarm monitoring system developed by Cermaq Norway. It has also adopted Cargill salmon feed incorporating Veramaris algal oil to reduce reliance on marine fish oils, and operates under sector-specific regulatory permits including pesticide use authorizations and mandatory weekly sea lice reporting to the Department of Fisheries and Oceans.

Cermaq Canada's revenue model is the production and direct sale of fresh farmed Atlantic salmon, with pricing set off-quote rather than publicly listed. The company's go-to-market is sales-led, anchored by a Canadian Sales team reachable via dedicated phone and email channels. Its customer base sits primarily in the seafood/protein market, where the product is positioned on sustainability and low-carbon-footprint credentials. Operationally, the business is materially shaped by First Nations partnership agreements with the Ahousaht, Klahoose, Laich-kwil-tach, 'Namgis, Kwikwasut'inuxw Haxwa'mis, and Mamalilikulla Nations, and by ongoing regulatory transition processes governing salmon farm licensing in British Columbia.

Name

Cermaq Canada Sales Inc.

Legal name

Cermaq Canada Sales Inc.

Website

https://cermaq.ca

Company type

Private

Founded year

1986

Operating status

Operating

Short description

Cermaq Canada Sales Inc. is a Canadian subsidiary of Cermaq Group AS that farms and directly sells fresh Atlantic salmon from operations off Vancouver Island, BC and Placentia Bay, Newfoundland to wholesale and retail seafood buyers across Canada.

Ownership category

akta.pro rank

Product category

Salmon Aquaculture

NAICS

Aquaculture (1125)

SIC

Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL)

Keywords

• Salmon aquaculture
• Atlantic salmon farming
• Fish farming operations
• Seafood production
• Farmed salmon supply

Headquarters

HQ city

Campbell River

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Atlantic Salmon Production and Sales: Cermaq Canada grows Atlantic salmon on the east and west coast of Canada in the waters off Vancouver Island in BC and around Placentia Bay in Newfoundland. The company generates revenue through the production and direct sale of fresh, farmed Atlantic salmon to customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Cermaq Canada Sales Inc. grows and sells fresh farmed Atlantic salmon at marine farm sites on the east and west coast of Canada. Operations are based in the waters off Vancouver Island in British Columbia and around Placentia Bay in Newfoundland, with sales managed by a dedicated Canadian sales team serving enterprise seafood customers.

Product overview

Cermaq Canada Sales Inc. is a salmon aquaculture company that grows and sells Atlantic salmon. The company operates fish farms on the east and west coast of Canada, specifically in the waters off Vancouver Island in British Columbia and around Placentia Bay in Newfoundland. Their core product is fresh, farmed Atlantic salmon sold to customers. The company does not operate as a technology platform but rather as a traditional seafood production business with sustainability and fish welfare focus.

Differentiator

Problem solved

Functional benefit

Products and services

• Fresh Farmed Atlantic Salmon Farmed Atlantic salmon grown and harvested by Cermaq Canada on the east and west coasts of Canada, sold as a fresh, healthy, low-carbon-footprint protein to Canadian seafood market customers.

Named customers1 record

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

Five partnerships are on record, tiered core.

• Ahousaht First NationcoreStrategic or Co-development Partner · 25 May 2022A renewed 5-year protocol between the Ahousaht First Nation and Cermaq Canada was signed to bring focus to the priorities of the Nation and to provide a road map for how Cermaq will farm in their territory.
• Cargill (with Veramaris algal oil)coreTechnology or Integration · 8 December 2021Cermaq Canada adopted Cargill salmon feed with Veramaris algal oil. The introduction of algal oil aims to reduce the need for marine fish oils in salmon feed, supporting more sustainable aquaculture practices.
• Klahoose NationcoreStrategic or Co-development PartnerCermaq Canada operates in Klahoose Nation territory with farm licenses located in their territories.
• Laich-kwil-tach NationscoreStrategic or Co-development PartnerCermaq Canada operates in Laich-kwil-tach Nations territory with farm licenses located in their territories.
• 'Namgis, Kwikwasut'inuxw Haxwa'mis, and Mamalilikulla First NationscoreStrategic or Co-development PartnerThe Indigenous Monitoring and Inspection Plan (IMIP) establishes a formal process for First Nations oversight of fish farms operating in the territories of these First Nations under the Broughton LOU.

Scale indicators2 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• AquaBounty Technologies: Aquaculture technology company focused on land-based salmon farming with genetically modified growth traits; partially overlaps as a Canadian aquaculture operator with a contrasting land-based/closed-containment technology approach.

Broad incumbents

• Bakkafrost P/F: Faroese global salmon farmer with integrated operations; comparable in premium positioning, sustainability focus, and integrated value chain that mirrors Cermaq Group's structure.
• SalMar ASA: One of the world's largest salmon farmers, primarily Norwegian but with offshore/semi-offshore ambitions relevant to Cermaq's SCCS trajectory; comparable in species, technology direction, and scale.
• Cermaq Group AS: Direct parent entity operating salmon farming in Norway, Canada, and Chile; the group-level strategy, R&D pipeline (SCCS, iFarm), and capital allocation directly shape Cermaq Canada's trajectory.

Direct peers

• Cooke Aquaculture: Canadian-owned Atlantic salmon farmer with operations in BC, Newfoundland, and other regions; directly comparable in geography, species, and supply contracts with Canadian retailers.
• Grieg Seafood ASA (Grieg Seafood BC): Norwegian-listed salmon farmer with significant BC operations on Vancouver Island; competes with Cermaq Canada in the same BC waters, First Nations engagement context, and regulatory framework.
• Cermaq Norway AS: Norwegian sister entity producing Atlantic salmon and the originator of SCCS and iFarm technologies; directly comparable in farming practices and serves as the technology test bed for Cermaq Canada.
• Mowi ASA (Mowi Canada): World's largest Atlantic salmon farmer with major Canadian operations in BC and Newfoundland; directly comparable to Cermaq Canada in species, geography, and farming model, and competes for the same licenses and customers.
• Cermaq Chile: Sister entity operating salmon farming in Chile; comparable in species, group-level sustainability commitments, and technology sharing with Cermaq Canada.

Regional players

• Huon Aquaculture (Tassal): Australian Atlantic salmon farmer (now part of Tassal/Cooke structure) operating in Tasmania with similar temperate-water salmon farming model; relevant as a regional peer for benchmarking sustainability, branding, and farming practices outside the Canadian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/CermaqCan
• Facebookfacebook.com/cermaqcanada
• Instagraminstagram.com/cermaqcanada
• LinkedInlinkedin.com/company/cermaq-canada

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Cermaq Canada Sales Inc.