Needed Chile salmon M&A being held up by overvalued assets, DNB says
There is probably pent-up demand for further consolidation in Chile's multi-billion-dollar salmon industry, said Norway's DNB, the industry's largest lender
All the news from UCN’s salmon M&A outlook webinar
The Undercurrent News team has been busy reporting on all the forecasts given by our panel on the recent salmon M&A outlook webinar
AquaChile discloses plan to re-order finances as final step of giant Chile merger
AquaChile announced a complex internal finance arrangement that will allow the company’s owners to bolster the company’s financial position through the transfer of assets
Australis Seafoods taps credit, scales back investment to weather COVID-19
China’s Joyvio sought to bolster liquidity and started cost-cutting in its Australis Seafoods salmon business after a tough first quarter punctuated by the collapse of foodservice markets
Nova Austral starts 2020 on better note with Magallanes hatchery operational
Last year was the worst in Nova Austral’s short existence because of a misreporting scandal that led to the Chilean salmon farmer losing ASC certification
Pesquera Camanchaca earnings slump with pelagic, salmon units both down
Pesquera Camanchaca, the parent company of Salmones Camanchaca, says revenue fell at both its fishing and salmon farming divisions
Australis Seafoods on course to achieve record salmon output in 2019
A sharp production increase reflects Australis Seafoods’ status as one of Chile’s fastest growing salmon producers
Chile offers best salmon farming margin improvement, Multiexport’s Gutierrez says
Amid a flurry of salmon M&A deals, Multiexport Chairman Jose Ramon Gutierrez said Chile’s salmon industry has huge potential because it still trails peers in profit margins
Blumar inks $51m deal for Chilean coho farmer Salmones Ice Val
Chilean salmon farmer and fishing firm Blumar announced a $51m deal for coho producer Salmones Ice Val, which Undercurrent News had first reported was for sale
Agrosuper will take six months to absorb AquaChile, Friosur, Salmones Magallanes
The Chilean company will take six months to create the next biggest salmon farmer after Mowi