The parent company GenoMar AS was incorporated in Oslo, Norway in 1996. In 2007, total revenues in the parent company GenoMar AS amounted to NOK 5.6 million and profit after tax of NOK 1.8 million. GenoMar AS in Norway holds all intellectual property rights developed since the start-up of the company.
During the second quarter of 2008, GenoMar completed a capital increase of 2,348,996 new shares at NOK 25.00 per share, in total NOK 58,724.900.
GenoMar is the world’s leading tilapia breeding company. For the past 15 years, we have assembled a unique combination of aquatic breeding resources and expertise to supply tilapia markets with unique products. Our brand is among the most recognized and respected names in the industry today.
In a world having to feed more people with diminishing natural marine resources, improving fish protein productivity in aquaculture is essential. GenoMar Breeding Services offers our collective scientific know-how in food fish breeding. With our knowledge about fish genetics we believe we can help our clients improve fish protein production efficiency.
Through our newly launched Broodstock Supply Program, we make available to you 15 years of innovation and development in tilapia breeding. For our customers we do what we do best with the genetics leaving our customers to do what they do best: serving customers with quality fingerlings and growing fish.
GenoMar keeps the GenoMar Supreme Tilapia ™ (GST) broodstock in its facilities in the Philippines. Tee broodstock is derived from the Nile tilapia from a worldwide comprehensive breeding program (GIFT) and is currently in the 24th generation.
From GenoMar Supreme Hatchery China our GST™ is sold on to leading tilapia farmers who are in particular focusing on delivering to the quality conscious international export markets.
Through the company Trapia, GenoMar is able to implement and develop the company’s vertical integration strategy for tilapia production. Trapia is using GST™ fingerlings to grow market size tilapia in GenoMar’s grow-out facilities. Each fingerling used is pre-tagged, traceable and verifiable throughout the value chain, ensuring food safety and security.
March 01, 2017 - EW Group, a holding company with core businesses focusing on animal breeding, animal nutrition and animal health, has concluded an agreement to acquire 100% of the shares in GenoMar Genetics, the global leading tilapia breeding company.