The New Zealand King Salmon Company Limited was formed in 1996 with the privatisation and merger of New Zealand's two largest salmon companies, Southern Ocean Seafood Ltd and Regal Salmon Ltd. The Company is ultimately owned by the Tiong Group, one of the largest private companies in Malaysia with substantial global investments in forestry, property and the media.
The New Zealand King Salmon Co Ltd is a dedicated leader in the world's commercial salmon farming industry. The Tiong Group investment brings to salmon aquaculture governance, a total commitment to and support of its sustainability and viability as a renewable resource. The company currently operates four seacage sites, all located in the remote, clean waters of the Marlborough Sounds. The company also owns and runs a research breeding facility, two hatcheries for smolt rearing and 4 purpose built processing facilities in Nelson. The company Head Office in Nelson manages Administration and Sales & Marketing, while a NZ sales office in Auckland manages the New Zealand market.
The New Zealand King Salmon Co Ltd has four divisions under the Chief Executive:
Aquaculture, which includes research and development, salmon rearing, sea farming and harvesting. One third of our staff are involved in Aquaculture production. Processing, including primary and value added processing. Half our staff are employed in this division which comprises four manufacturing units. Sales & Marketing, including both domestic and international sales and market servicing, distribution and product development. Corporate Services, including Finance, Human Resources, Business Systems and Accounting
The New Zealand market is growing fast, taking around one half of production. Japan is the largest export market taking 21% of production. A further 15% goes to Australia with the balance going to South East Asia and the USA. Salmon is processed for delivery in a variety of forms including fresh, frozen, smoked, marinaded