Lerøy traces its roots back to 1939 as a seafood wholesaler and exporter. It has evolved into an integrated international seafood supplier with four key segments: Farming, Value Added Processing, Sales and Distribution, and Wildcatch. The company owns a large share of the UK's Scottish Sea Farms Ltd. through a joint venture. Austevoll Seafood ASA gained majority ownership in 2008. Lerøy and Austevoll Seafood are both listed on the Oslo Stock Exchange.