Thursday, August 28, 2014

28/08/2014: Troutodge, Landcatch with Hendrix Genetics join forces

The Scottish supplier of Atlantic salmon eggs and genetic services to aquaculture Landcatch has signed an agreement to take up a 45% share in Troutlodge Inc of Seattle, Canada which is recognised as the world's biggest supplier of trout eggs.

While Landcatch diversifies into trout there is also a benefit to both Hendrix Genetics and an enhanced outlook for Troutlodge. All three companies welcomed the new opportunity as the group positions itself in world aquaculture.

The coming together of the three companies will provide advantages in Chile through a joint-venture company called Landcatch Troutlodge Chile SA which is expected to do well in the development of salmon breeding and is expected to capture a significant share of the salmon egg market within the first five years.

There are plans already being discussed to introduce a pedigree coho salmon breeding programme for the local industry which will involve all three species and is likely to increase employment opportunities.

In a press release today the company says:

Neil Manchester, Landcatch's managing director

Neil Manchester, Managing Director of Landcatch, said: “This is a very exciting investment which will see Troutlodge and us make a further significant impact in world aquaculture. It increases our sustainability by working with such a credible partner; it allows us to become re-established in Atlantic salmon egg production in Chile and it enables us to pursue a significant expansion strategy with the aim of becoming one of the main global players in salmon and trout.”
Steve Brown CEO of Troutlodge Inc

Steve Brown, CEO of Troutlodge Inc, said: “The collaboration with Landcatch and Hendrix Genetics enhances our ability to feed the world with healthy fish. It will result in improved products as well as exciting opportunities for our dedicated employees.

“Having access to Landcatch’s advanced genetics and genomic technologies will be vital in enhancing salmon and trout production in the future.”

Antoon van den Berg, CEO of Hendrix Genetics, added: “This key investment makes sound business sense. It will also produce fish that are affordable, healthier, more productive and less susceptible to disease. It also underlines our ambition to be leaders in every sector in which we do business.”

A report published in May by the United Nations’ Food and Agriculture Organisation said global fisheries and aquaculture production totalled 158 million tonnes in 2012, a rise of about 10 million tonnes on 2010. It said fish farming holds ‘tremendous promise’ in responding to surging demand for food due to global population growth.

Troutlodge is one of the oldest aquaculture companies in North America, having been in the business for nearly 70 years and employs over 110 individuals worldwide.  Troutlodge is the world's largest producer of pathogen-free rainbow trout eggs, annually selling nearly a half billion eggs in over 50 countries.  Troutlodge eggs are available on a year-round basis and superior performance is achieved by using genetic technologies to achieve continual improvement.  Troutlodge operates 15 hatcheries located in the United States, the Isle of Man and Chile.  The Isle of Man hatchery produces trout eggs for Europe and the Middle East.  The Chilean operation began in 1996 and produces  salmon and trout eggs, fry and smolts which are sold to salmonid producers throughout Chile.

Landcatch, based at Ormsary in Argyll, operates four freshwater tank sites in Scotland, producing up to 4.5 million smolts annually, plus a land-based seawater site for brood fish, producing up to 40 million eggs.

It is renowned for its genetic advances and use of selective breeding to develop strains of salmon which can perform to ever higher levels at every stage of production from eggs to adult fish.

It has also helped develop genomic selection technologies and later this year will make available for sale for the first time salmon eggs with improved resistance to sea lice.

Hendrix Genetics BV, headquartered in Boxmeer, NL-EU, is a leading multi-species breeding company with primary activities in layer, turkey, pig, aquaculture  and traditional poultry breeding. The company is dedicated to generating solutions for the animal protein sector that solve the challenges of today and those of tomorrow. 

Backed by a strong portfolio of leading brands, Hendrix Genetics provides expertise and resources to producers in more than 100 countries, with operations and joint ventures in 24 countries and more than 2,400 employees worldwide. With respect and care for people, animals and the environment, Hendrix Genetics is ready and dedicated to delivering better breeding today, for a brighter life tomorrow.


Read more HERE.

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