Benchmark announces Kristian Eikre to its Board as Non-Executive Director

– UK, Sheffield – Benchmark Holdings PLC (LON:BMK), the aquaculture health, nutrition and genetics business, announces the appointment of Kristian Eikre as Non-Executive Director of the Company which will take effect immediately after the Company’s General Meeting to take place on 14 March 2019.

Benchmark’s Chairman, Peter George, commented: “I am delighted to welcome Kristian Eikre to our Board. He brings demonstrable commercial and industry expertise and we look forward to him contributing to the success of Benchmark as we continue to drive profitable growth across the organisation.”

About Kristian Eikre

Kristian has more than 13 years experience as an investment professional with a particular focus on the aquaculture, pharmaceuticals, energy and renewables sectors. Kristian is currently an Investment Professional and Co-Head of Ferd Capital, a division of Ferd AS, a Norwegian investment company holding 26% of the Company’s issued share capital. Prior to that, he was a Partner at Herkules Capital, a leading private equity firm in Norway. Before this, he was a research analyst at First Securities, an investment banking firm. Kristian has held various board positions and is currently a Board Director of a number of companies including Fjord Line AS, a Scandinavian cruise and ferry operator, and at Unicus Group AS, a Scandinavian IT-consulting firm.

Kristian Eikre commented: “I am delighted to join Benchmark at such an exciting time in its development, as it takes advantage of its organic growth potential following a period of significant acquisitive and capital investment. Our approach is to support value creation by working in partnership with founders, management and other owners and I therefore look forward to being part of the Benchmark team to deliver our shared aspirations for profitable growth.”

About Ferd

Ferd is a long-established, family-owned Norwegian long-term investor. Ferd Capital, a core part of Ferd, typically takes significant minority interest up to NOK 1,000 million in listed companies, as well as investing in unlisted companies and special investments. It primarily invests in the Nordic countries but also across Northern Europe, in businesses that have completed their establishment phase and have a business model that has demonstrated commercial sustainability. They are invested in a broad range of industries with a particular track record of investing in businesses in the fish and seafood industry, as well as in acquaculture suppliers. Ferd’s approach is to support value creation over time by working in partnership with founders, management and other owners.

About Benchmark Holdings PLC

Benchmark’s mission is to drive sustainability in food production. We are a leading provider of aquaculture solutions in genetics, health and specialist nutrition. Our focus is on developing innovative products that help fish and shrimp producers improve their sustainability and profitability by improving yield, quality, health and welfare. Our main products are salmon eggs with superior genetic traits, specialist nutrition products for shrimp and fish, and health treatments including a sea lice treatment for salmon. We serve all the major aquaculture markets around the world and have leading market positions. Benchmark operates in 27 countries, employs 1,066 people and reported revenues of £150.5m in FY 2018.

For more information : https://www.benchmarkplc.com

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