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Cermaq ASA : Cermaq in discussions with Chilean company

Ewos parent company,Cermaq has confirmed that discussions are being held with the owners of the Chilean fish farming company Cultivos Marinos Chiloé S.A. (CMCH) with regards to a potential acquisition of the company

July 13, 2012

Following comments in the Chilean media Thursday 12th July 2012, Ewos parent company, Cermaq has confirmed that discussions are being held with the owners of the Chilean fish farming company Cultivos Marinos Chiloé S.A. (CMCH) with regards to a potential acquisition of the company. 

The company said in a press release that there are still substantial uncertainties with regards to a completion of the transaction. A further announcement will be made as and when appropriate.

 

Cermaq has operations in Norway, Chile, Canada, and Scotland, the main geographic regions for salmon and trout farming, and in Vietnam. Through its business unit EWOS, Cermaq ranks as the world's second largest producer of feed for salmonids. The business unit Mainstream is one of the world's leading farming companies of salmon and trout. The group had sales of around NOK 11.6 billion in 2011.

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