With this acquisition, valued at nearly US$20 million, the subsidiary will strengthen its activities in strategic markets such as the U.S. and China, through the export of high-value marine proteins such as cod, spider crab and king crab, portioned salmon and crab.

Fiordosur is focused on processing and exporting premium products, with a strong commitment to sustainability, an important regional positioning and a close relationship with the artisanal world in Aysén and Magallanes.

Cristián Larraín, general manager of Orizon, valued this new step in the company's growth: "We wanted to complement our capabilities with those of Fiordosur, which has great experience in the industry and an excellent human and professional team. In addition, it handles high quality products and is a recognized brand in the target markets."

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EC - Empresas Copec SA published this content on 30 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2023 21:12:18 UTC.