Pesquera Diamante processing plant. (Photo: Inter-American Investment Corporation)

Interest of three Peruvian companies in salmon national plants

CHILE
Friday, January 18, 2013, 04:00 (GMT + 9)

Peruvian business groups have express again their interest in buying some Chilean salmon companies during 2013.

Interested firms are: Diamante; Congelados Peruana del Pacífico S.A. (Conpepac) and Grupo Romero.

Peruvian groups seem to want to take advantage of the financial crisis the Chilean salmon industry is facing, and the prospects that a substantial improvement in sales prices will not occur in the short term, Estrategia newspaper informs.

Diamond focuses on the development of large-scale fishery products in Peru for both, direct and indirect human consumption (meal and oil).

Meanwhile, Galleno family, owner of Conpepac, has recently acquired the Ecuadorian fishing division in Camanchaca.

The Romero Group, which is a minority shareholder of Banco BCI and the Port of Arica, and owns IM Trust, is also a candidate to buy a salmon plant in Chile. Through Alicorp it has acquired Salmofood S.A. and the Chilean companies Invertec Pesquera Mar de Chiloe (Invermar) and Pesquera Yadran.

Meanwhile, Brescia Group, which operates in Chile through Cementos Melon, has paralyzed its intentions to acquire a national salmon plant, waiting for what will happen in the industry to reassess opportunities.

Meanwhile, the possible merger between Granja Marina Tornagaleones and Trusal S.A. is expected in Chile.

Related articles:

- Granja Marina Tornagaleones and Trusal, closer to their merger
- Invermar performs Salmofood sale

By Analia Murias
editorial@fis.com
www.fis.com

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