Multiexport Food SA (Public, SCL:MULTIFOODS) is a Chile-based company that is engaged in the fishing industry. The Company's product mix includes Atlantic salmon, salmon trout, mussels, and cold- and hot-smoked fish products.
The Company owns two processing plants involved in the development of fresh, frozen and smoked salmon and trout. It is active in the United States, Latin America, Japan, Russia, China, Korea, Southeast Asia and Central Europe.
The Company's subsidiaries include Salmones Multiexport SA, Mytilus Multiexport SA, Cultivos Acuicolas Internacionales SA and two indirect subsidiaries: Multiexport Foods USA Inc and Soc. Inversiones Isla Victoria Ltda. Its main shareholder is Multiexport SA.
Cod captures register strong decline off New England United States
Since a while ago, the United States has been forced to import cod from Norway, Russia or Iceland in the north Atlantic due to the decline of the fishery in New England, where the federal government has reduced capture quotas.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.