Biomega announces new CEO

Biomega Group AS (“Biomega”), controlled by the agribusiness focused asset manager AMERRA Capital Management LLC (“AMERRA”),  announced that Jørgen Horntvedt, currently Director at PwC in Bergen, has been appointed Biomega´s chief executive officer. He will assume the role no later than June 1, 2017.

Over the past 15 years, Jørgen has worked globally in the Aquaculture/Fisheries and Fishmeal/Oils fields. As part of his deep experience, he has established and executed strategies in Chile, Canada, Central America, the UK and Norway/Denmark. Furthermore, he has served as CEO, CFO and COB in the global seafood industry and has a proven track record in adding value.  Jorgen comes to Biomega after more than five years at PwC, heading their dedicated seafood consulting team based in Norway.

Jørgen commented: “Biomega Group has developed a unique business model with excellent production facilities and world leading technologies. The market for high value protein ingredients is growing and maturing rapidly. As a fully sustainable business model, Biomega will supply the human food chain with high value proteins that are an excellent alternative to dairy and plant-based proteins. Going forward, we will establish partnerships to access raw material globally, continue our R&D efforts to ensure best-in-class technology and respond to customers’ needs, including traceability and sustainability.  I am excited to work closely with the Biomega team and AMERRA to execute our ambitious business plan.”

Thor Talseth, chairman at Biomega and managing director at AMERRA said, “We are pleased to bring an executive of Jørgen’s abilities on-board as Biomega’s CEO. With his strong industry background, Jørgen will drive the future growth of Biomega together with the existing senior team. Jan Arne Vevatne will continue in his position as managing director at our facility in Sotra, Norway, and will also take on the position as Biomega’s COO.”

Jan Arne added, “The rest of the Biomega team and I welcome Jørgen to the Biomega family. Jørgen has the skill set to take our unique technology to an international level.”