Convenient, high quality seafood for all
Milarex at a glance
Milarex is an international seafood company, focusing on salmon value-added products. The company was established in 2016 and has taken a leading position within value-added processing. Milarex seeks to advance sustainable production and consumption of salmon by ensuring a sustainable source-to-product process and providing a healthy and affordable source of protein through its fish products.
- Year acquired
- 2017
- Revenue
- EUR 467m
- Location
- Europe
- Employees
- 1535
- Website
- https://www.milarex.com
- Investment theme
- Sustainable Food
- Contact
- sercan.samanci@summaequity.com
- SDG Alignement
3, 12, 14
What are the challenges Milarex addresses
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15%
of fish and seafood in the food value chain goes to waste, with processing being the biggest source of this waste
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>85%
of fish stocks are overfished or fully exploited indicating lack of sustainable certifications and practices
How does Milarex help?
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Reality today
Sustainable aquaculture is an important part of the roadmap to ensure future food security and building a sustainable food system with lower GHG emissions. Yet, some aquaculture players fall short of meeting criteria for sustainability.
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Milarex approach
Milarex promotes sustainable practices from raw fish suppliers and oversees a highly efficient and sustainable production process to produce healthier sources of protein.
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Aspirational future
Consumers primarily rely on salmon and other sustainable proteins to meet food needs. The share of fish with sustainable certifications is increasing, and waste from processing is limited to a minimum.
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Who is impacted?
Consumers across North America, Europe, Southeast Asia, and Australia access nutrient-rich protein alternatives with a significantly lower emissions profile than traditional livestock. This shift benefits the planet by reducing emissions.
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Contribution
Milarex contributes to consumer access to healthier and more sustainable low-carbon protein alternative with a transparent value chain.
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Risks to impact
Milarex has limited control over the operations of its suppliers as well as consumer behavior related to end-product use and product end-of-life.