Blumar acquires Salmon Ice-Val for US $ 51 million
Blumar announced to the Chile Stock exchange that it has acquired the entire business of Salmones Ice-Val for a sum of $51 million.
The deal allows Blumar to take over the five sea concessions of Ice-Mar located in the Aysen Region, where Ice-Mar operates three farms with an annual production of around 7000 tons of coho salmon (whole fish equivalent). The transaction is being financed with debt by Blumar, and will close within the next 15 days.
Blumar is a highly diversified producer in Chile, ...
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