Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Pesquera Diamante fishmeal plant. (Photo: Pesquera Diamante)

South Korean company interested in acquiring Pesquera Diamante

Click on the flag for more information about Peru PERU
Friday, February 22, 2013, 22:50 (GMT + 9)

Dongwon Industries Co Ltd announced yesterday that Dongwon Group does not rule out the acquisition of a Peruvian fish processor, after a South Korean source reported that Dongwon had made an initial offer to buy Pesquera Diamante, Reuters reported.

According to Korea Economic newspaper, the Asian firm, which is one of the leading companies in the fish food industry in South Korea, had offered to pay between USD 600 and USD 800 million to take over all of the shares of the Peruvian firm.

When asked about the negotiations, Diamante CEO, Ricardo Bernales, said he had no knowledge of the information published in the media, Peruvian newspaper Gestion informed.

Pesquera Diamante reported revenues of USD 191.4 million for the export of fishmeal in 2012, almost 11 per cent of the total value of Peruvian exports of this product.

The total sent abroad by the Peruvian company amounted to USD 236 million last year, of which USD 21 million came from frozen jack mackerel, Abancay Noticias detailed.

Diamante has ten fishmeal plants, a cannery in Samanco and two frozen product factories. It also has a fleet of 42 vessels -- 32 boats fish anchovy for indirect human consumption, 15 of which are prepared for jack mackerel and mackerel catching.

Furthermore, Dongwon has signed a partnership agreement with the Chinese company Bright Food Group.

This alliance will allow Dongwon to further penetrate the Chinese market of canned tuna with its products, while Bright Food Group will distribute and sell them.

The plan of the South Korean firm is to use Bright Food Group, which is the largest food producer and distributor in China, with a distribution network of more than 10,000 large discount and convenience stores, to achieve annual sales of canned tuna of USD 463.37 million in 2018 only in China.

Related article:

- Dongwon partners up with Bright Food Group to sell more tuna in China

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

 


 Print


Click to know how to advertise in FIS
MORE NEWS
United Kingdom
Jul 1, 03:40 (GMT + 9):
Tesco's sales fall while Aldi and Lidl consolidate
United Kingdom
Jul 1, 02:40 (GMT + 9):
IN BRIEF - Seafish launches annual economic fleet survey 2015
United Kingdom
Jul 1, 02:40 (GMT + 9):
IN BRIEF - The truth about tuna: 59% of the fish sold at U.S. restaurants and grocery stores is NOT tuna
Australia
Jul 1, 02:40 (GMT + 9):
IN BRIEF - TGR extends salmon supply agreement
Canada
Jul 1, 02:40 (GMT + 9):
IN BRIEF - B.C. fish farms wait for regulatory tide to turn
United States
Jul 1, 02:40 (GMT + 9):
IN BRIEF - Feds investigating Casey's Seafood on mixing Atlantic blue crab with imports
Viet Nam
Jul 1, 02:40 (GMT + 9):
IN BRIEF - Seafood exports reached nearly 3 billion, down 16%
Argentina
Jul 1, 02:40 (GMT + 9):
Alpesca reactivated and its exports once more managed
United Kingdom
Jul 1, 02:30 (GMT + 9):
IN BRIEF - Rises in key fish stocks welcomed by the Scottish Fishermen’s Federation
Panama
Jul 1, 02:20 (GMT + 9):
IN BRIEF - Kinki University, IATTC, and Panama Report World-First Transfer of Early-Juvenile Yellowfin Tuna to Sea Cage
United Kingdom
Jul 1, 02:20 (GMT + 9):
IN BRIEF - Associated Seafoods shortlisted for food awards
Ecuador
Jul 1, 02:20 (GMT + 9):
Tuna price slump worries Ecuadorian exporters
Russian Federation
Jul 1, 01:40 (GMT + 9):
Fishing industry maintains stable growth
Nicaragua
Jul 1, 00:50 (GMT + 9):
First Latin American shrimp producer attains four-star BAP status
Chile
Jun 30, 23:50 (GMT + 9):
Camanchaca presents its first sustainability report



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Report highlights tuna industry efforts, but also inaction in some fisheries
Worldwide In its latest annual report, ISSF outlines progress and achievements for tuna sustainability in 2014 and lays out the various needs for continuous improvement of global tuna fisheries through collaboration and advocacy.
Macduff Shellfish expands business to the South-West
United Kingdom Macduff Shellfish has just acquired a shellfish trading business and four scallop fishing vessels from Greendale Group in an attempt to expand business into the South-West area of the UK.
Lobster capture season extended
Canada Fisheries and Oceans Minister authorised a four four-day extension to the Spring lobster capture season throughout the Gulf of Saint Lawrence to compensate for the lost fishing days on account of adverse weather conditions.
Provisional regime for hake fishery set
Peru The Ministry of Production established the July 2015 - June 2016 provisional regime for hake (Merluccius gayi peruanus) catch, in the framework under which the catch of this resource is authorized from 1 July to 30 June 2016.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Pescanova, S.A. - Group Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Limited
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel ehf - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2015 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER