The New Zealand King Salmon Co Ltd.

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The New Zealand King Salmon Co Ltd. - overview

Established

1985

Location

Nelson, -, New Zealand

Primary Industry

Agribusiness

About

The New Zealand King Salmon Co Ltd is a leading entity in aquaculture, focusing on the farming, processing, and branding of King salmon, recognized for its premium seafood offerings. Founded in 1985, The New Zealand King Salmon Co Ltd operates in Nelson, New Zealand, where it specializes in King salmon production. The company has completed 3 deals, with its most recent deal occurring on October 19, 2016, when it raised NZD 77. 5 million in an IPO.


Notably, the CEO duo consists of Carl Carrington and Graeme Tregidga. The company has not undergone significant changes in business strategy or operations since its inception. New Zealand King Salmon Co Ltd specializes in the farming, processing, and branding of King salmon, positioned as the world's largest producer of this unique breed. Their core product offerings include a variety of fresh and processed King salmon products aimed at both retail and food service markets.


The company's flagship brands, such as Ōra King and Regal, cater to a diverse clientele that includes high-end restaurants, gourmet retailers, and direct consumers seeking premium seafood options. With a commitment to sustainability and innovation, New Zealand King Salmon also operates the Blue Endeavour project, a pioneering initiative to develop open-ocean salmon farming, which enhances product traceability and environmental stewardship. The company's products are primarily distributed in international markets, including North America, Europe, and Asia, where demand for high-quality seafood is steadily increasing. New Zealand King Salmon generated revenue of NZD 114,554,873.


4 in 2024, alongside an EBITDA of NZD 28,769,432. 8. The company engages with wholesalers and retailers, supplying bulk volumes of its premium salmon products while also catering to individual consumers via direct sales channels. Revenue is derived from the sales of various King salmon products, including fresh fillets, smoked salmon, and value-added items, with pricing structures reflecting the premium nature of these products.


The company emphasizes its commitment to quality by ensuring that all salmon is sustainably sourced and processed, appealing to eco-conscious consumers and businesses alike. Through strategic partnerships and innovative product offerings, New Zealand King Salmon continues to solidify its position within the global seafood market. The New Zealand King Salmon Co Ltd plans to utilize the NZD 77. 5 million raised through the IPO on October 19, 2016, to support its growth initiatives.


This includes designing new product offerings and exploring expansion into new geographic markets. Specific target markets for expansion include North America and Asia, with aims to establish a stronger presence by the end of 2025.


Current Investors

Pohutukawa Management

Primary Industry

Agribusiness

Sub Industries

Pollution Control, Fishing & Seafood

Website

www.kingsalmon.co.nz

Verticals

Agtech, Clean Technology

Company Stage

Mature

Total Amount Raised

Subscriber access only

The New Zealand King Salmon Co Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
IPOCompletedThe New Zealand King Salmon Co Ltd.-
BuyoutCompletedThe New Zealand King Salmon Co Ltd.-
BuyoutCompletedThe New Zealand King Salmon Co Ltd.-

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