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ผู้เขียน หัวข้อ: Camanchaca salmon business bought up  (อ่าน 2492 ครั้ง)
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« เมื่อ: พฤษภาคม 19, 2010, 05:27:32 AM »


Grupo Luksic is presently in acquisition talks with Pesquera Camanchaca. (Photo: Camanchaca)

Camanchaca salmon business bought up

CHILE
Wednesday, May 19, 2010, 02:50 (GMT + 9)

Executives of Grupo Luksic are negotiating the acquisition of the salmon farming division of Pesquera Camanchaca SA and, according to reports, the purchase of the salmon firm would be imminent.

“We are permanently identifying business opportunities, as much in Chile as overseas, to invest those resources in the best way possible,” acknowledged Guillermo Luksic, president of the company.

The Luksic Group is a corporate partnership that operates in different sectors of Chile’s economy. Founded at the beginning of the decade of the 1950s, its initial activities were related to the mining industry, but later it developed diverse interests in other industries. Over the last few years, the Group diversified into the sectors of telecommunications, banking, food and drink, hotels and railways.

After receiving the payment for the sale of Telefonica del Sur to GTD (USD 112.8 million) and the transfer of an additional 17 per cent of controlling interest of Banco de Chile, LQIF, to Citigroup (nearly USD 1 billion), the Luksic group boasts around USD 1.4 billion, before taxes, Estrategia reports.

Meanwhile, the executives of Pesquera Camanchaca plan a good future for the operations of the firm.

“We hope to once again stock salar salmon smolts in 2011, once the vaccines are approved and advances are made in the fishery sector in general are headed in the right direction,” the general manager of Camanchaca, Francisco Cifuentes, told Estrategia last year.

"We are not interested in participating in the first wave of renewal of this product [...] but in the second, and it is going to go well for us, without a doubt, as it is a healthy sector of our operation," noted the executive then.

By Analia Murias
editorial@fis.com
www.fis.com

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