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Agriculture | Food & Beverage

Salmon Processing Plant Cermaq Chile has been acquired by Salmones Aysén

Cermaq Chile S.A. has sold its salmon secondary processing plant in the south of Chile, Salmon Processing Plant Cermaq Chile, to Salmones Aysén.

Cermaq Chile S.A., a subsidiary of Mitsubishi Corporation, operates as a salmon farming company in Chile, Norway and Canada, with more than 25 years of experience in the industry. Due to the various regulatory changes adopted in recent years within the aquaculture industry in Chile, Cermaq began an internal restructuring process in which they decided to close and sell two of their processing plants in the X Region in Chile.

Salmones Aysén is one of the top 10 salmon farming companies in Chile, specialized in Pacific Salmon (Coho), with operations in the south of Chile.

Oaklins’ team in Chile acted as financial advisor in the sale process of both processing plants. The primary processing plant was sold in 2020, and the Processing Plant Cermaq Chile (secondary processing) in 2022.

Parties

Talk to the deal team

 Agustin  Achondo

Agustin Achondo

Director
Santiago, Chile
Oaklins LarrainVial
 Raimundo  Silva

Raimundo Silva

Partner
Santiago, Chile
Oaklins LarrainVial

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