BioMar Acquires Remaining 50% Stake in Chile's Alitec Pargua
BioMar Group has acquired the 50% remaining shares in the Chilean factory Alitec Pargua. The transfer of shares took place this morning in Puerto Montt, leaving BioMar as the sole owner of the former joint venture.
On June 5, the Chilean competition authorities confirmed that the acquision by BioMar of Alitec Pargua did not trigger a pre-merger review. As announced in March, BioMar Group and AquaChile entered into an acquisition agreement that would give BioMar full ownership of the Chilean factory Alitec Pargua, in which AquaChile held a 50% interest...
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BioMar Acquires Remaining 50% Stake in Chile's Alitec Pargua
BioMar Group has acquired the 50% remaining shares in the Chilean factory Alitec Pargua. The transfer of shares took place this morning in Puerto Montt, leaving BioMar as the sole owner of the former joint venture.
On June 5, the Chilean competition authorities confirmed that the acquision by BioMar of Alitec Pargua did not trigger a pre-merger review. As announced in March, BioMar Group and AquaChile entered into an acquisition agreement that would give BioMar full ownership of the Chilean factory Alitec Pargua, in which AquaChile held a 50% interest...
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