The Scottish Salmon Company is to rename its operations in Scotland to Bakkafrost Scotland, three years after it was acquired by the Faroese company, in 2019.

The move follows two years of aligning the businesses and developing its core capabilities in Scotland.

“The renaming of the Scottish operations will ensure that the Group operates as ‘One Company’, with two regions of production,” Bakkafrost said.

“The ambition is to become Scotland’s leading most sustainable salmon producer and our sustainability strategy will totally transform the business, its impact on the environment and deliver leading standards of fish health and welfare.”

As part of the five-year investment and sustainability plan, the Bakkafrost Group has committed to an investment programme of £711m to increase its salmon output by more than 40%. A “substantial” proportion of this investment will be made in Scotland, the company noted.

“The investment will create jobs, drive forward rural economies, develop business performance and improve day-to-day operations for Bakkafrost Scotland’s current 600 staff located across the West Coast of Scotland and the Hebridean Islands,” it added.

“The substantial investment in Scotland will also drive forward the wider salmon farming sector.”

Regin Jacobsen, CEO, Bakkafrost said: “When we acquired The Scottish Salmon Company, we saw the exceptional value of Scottish provenance and an opportunity to create the leading and most sustainable salmon producer in Scotland.

“The renaming also signals that we are fully commited to Scotland and look forward to realising our investment plan that will create jobs and value in our local communities.”