Formerly known as Visscher Seafood Group, the company changed its name to Norwegian Seafood Group in May 2025.
Photo: Norwegian Seafood Group.
Norwegian Seafood Group (NSG) announced today that five key members of its leadership team have entered the share capital. In doing so, the company said that it has completed a restructuring to secure long-term leadership stability and streamline its international structure.
To facilitate the incorporation of the new shareholders, both the major shareholder, Brouwer Food Group, and CEO Tim Brouwer's holding company have each made 5% of their NSG shares available to management.
The newly entered management shareholders are the Managing Director of Norway, Stein Martinsen; the Head of Sales at Norway, Steffen Martinsen; the Group Technical Director, Pieter Korf; the Head of Finance at Europe, Jan de Boer; and the Managing Director of NSG Europe, Johannes Korf, who was promoted to the position last December.
"Adding these new partners is a great way to reward and secure our leadership team and I am convinced this will fuel the ambition of young talent within our organization," said CEO Tim Brouwer.
Concurrently with this movement, Norwegian Seafood Group has also acquired a 100% stake in all of its majority-owned subsidiaries, buying out all remaining minority interests to optimize and simplify the group's operational structure.
NSG is one of the major processors and distributors of farmed salmon and whitefish from the North Atlantic. In 2023, Visscher Seafood Group acquired the commercial activities of Norway Royal Salmon (NRS) from SalMar, joining it with the Group's other subsidiaries, which also included Varlaks and Organic Sea Harvest.
Two years later, in 2025, reflecting its growing focus on Norwegian-sourced products, the export company was renamed Norwegian Seafood AS. At that time, the Group stated that bringing all its businesses under one shared identity emphasized "integration and unity within the group."
"This step marks an important milestone in our goal to create one unified, strong company with a clear identity and purpose, providing clarity and synergy across our operations," Brouwer then stated.
As mentioned above, according to the Norwegian Seafood Group's statement, the movement announced today has completed the restructuring.