Benchmark Holdings PLC Contract Win
07 March 2017 - 7:00PM
RNS Non-Regulatory
TIDMBMK
Benchmark Holdings PLC
07 March 2017
RNS Reach
7 March 2017
Benchmark Holdings plc
("Benchmark" or the "Company")
Contract win for Benchmark
Benchmark announces today that it has signed a long-term
agreement with SalMar ASA ("SalMar") to provide genetics, health
and knowledge services to the company. The full suite of services
the Company is providing illustrates Benchmark's leading position
in the market, as well as its ability to offer a wide spread of
products and solutions across the salmon's life cycle. SalMar is
one of world's leading salmon producers.
Benchmark will, through it's subsidiary SalmoBreed AS, form a
50/50 joint venture for the production of SalMar's salmon strain,
Rauma. This joint venture to be called 'SalMar Genetic AS', will be
formed by a demerger of SalMar's salmon production facility in
Reistad, Norway. Benchmark will take full responsibility for
managing the breeding programme through its subsidiary Akvaforsk
Genetics Center AS.
The agreement also includes sales of eggs from Benchmark's land
based sites in Iceland and once commissioned from its Salten site
in Norway. The Benchmark group will also provide fish health
services, diagnostics, and health products.
Malcolm Pye, CEO of Benchmark, said;
"We are delighted to sign an agreement with such a blue-chip
partner in the salmon market. It is testament to our customers'
recognition of the benefits of our growing, integrated package of
products and services, as well as our ability to enhance value for
producers and contribute towards the overall sustainability of the
aquaculture industry."
- ENDS -
For further information, please
contact:
Benchmark Holdings plc Tel: 020 7920 3150
Malcolm Pye, CEO
Roland Bonney, COO
Rachel Aninakwah, Communications
Numis Tel: 020 7260 1000
Michael Meade / Freddie Barnfield
(NOMAD)
James Black (Corporate Broking)
Tavistock Tel: 020 7920 3150
Niall Walsh / Simon Hudson
Notes to Editors:
Benchmark challenges the status quo in aquaculture, agriculture
and animal healthcare.
Since 2000, Benchmark has consistently worked to build a
platform to serve its customers, helping farmers to take control of
their biological environment through the combination of genetics,
nutrition, health and knowledge services. Through its in-depth
knowledge of animal biology Benchmark is able to tackle the key
issues in the aquaculture, livestock and companion animal
sectors.
The Company has proven distribution capabilities in high growth
markets and operates internationally with R&D facilities,
commercial farms, diagnostic laboratories, manufacturing sites,
production facilities and commercial offices across 27 countries in
five continents. As at 28 February 2017, Benchmark employed 900
people.
For further information on Benchmark please visit
www.benchmarkplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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