Salmones Camanchaca has placed 30% of its shares in an Initial Public Offering
January 2018 — Compañía Pesquera Camanchaca S.A has completed an IPO for 30% of Salmones Camanchaca for US$106 million. It is the first IPO of 2018 in Chile and Norway and the first and only Latin American company to be listed on the Oslo Stock Exchange, the main seafood market in the world.
Salmones Camanchaca is a fully integrated salmon farmer with operations in region X and XI of Chile, with circa 80% of sales to the US and emerging markets. The company, founded in 1986, is headquartered in Santiago, Chile, and has 1,240 employees. Salmones Camanchaca is owned by Compañía Pesquera Camanchaca S.A., listed on the Santiago Stock Exchange.
The demand for the shares of Salmones Camanchaca exceeded the offer by 8 times, totaling 459 orders for a total amount of US$830 million, with significant international participation.
Our role in the transaction
Oaklins' team in Chile advised Compañía Pesquera Camanchaca in this transaction, selecting the most suitable market to perform the placement.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more