Salmon farming centre belonging to Fiosur. (Photo: Friosur)
Los Fiordos agrees on asset purchase of Salmones Friosur for USD 229 million
(CHILE, 6/2/2018)
Agrosuper announced that its subsidiary Exportadora Los Fiordos Ltda. submitted a binding offer to buy the assets of Salmones Friosur, the salmon division of the aquaculture-fishing company Friosur, which has been accepted.
This announcement is added to that of the purchase of Salmones Magallanes by AquaChile, also released on the first day of June.
According to Agrosuper, in the essential fact that it sent to the Commission for the Financial Market on Friday, the transaction, which costs USD 229 million, includes the assets of Piscícola Hornopirén and Salmones Frioaysén.
The operation includes the fish farm in Hornopirén, 40 maritime concessions, distributed in the Aysen Region, the assets destined to the production operation, the respective biomass, and the labour continuity of the workers linked to the operation.
The company expects the transaction to be settled during the third quarter of this year, subject to conditions related to this type of business, including the authorization of the free competition authorities.
Related article:
- AquaChile will buy Salmones Magallanes and Pesquera Eden for USD 255 million
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