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
Greece
May 30, 07:45 (GMT + 9):
IN BRIEF - Nireus Aquaculture Q1 net loss widens to 14 mln euros
Iceland
May 30, 07:40 (GMT + 9):
IN BRIEF - Total value of catch increased by 42% in February 2015
European Union
May 30, 07:40 (GMT + 9):
IN BRIEF - Relaxation of seafood ban: government recommends five more exporters to EU for clearance
Greece
May 30, 07:40 (GMT + 9):
IN BRIEF - Nireus Aquaculture Q1 net loss widens to 14 mln euros
New Zealand
May 30, 07:00 (GMT + 9):
IN BRIEF - SeaDragon sinks into the red on rising factory cost
Iceland
May 30, 07:00 (GMT + 9):
IN BRIEF - Total value of catch increased by 42% in February 2015
Singapore
May 30, 07:00 (GMT + 9):
IN BRIEF - Singapore Claims Malaysian-held Fishing Vessel Was In Its Waters
Solomon Islands
May 30, 07:00 (GMT + 9):
IN BRIEF - Efforts to stop fish vendors from cheating
United Kingdom
May 30, 07:00 (GMT + 9):
IN BRIEF - 600 jobs could be at risk as Young's Seafood battles to keep GBP 100 million contract with Sainsbury's
Ecuador
May 30, 07:00 (GMT + 9):
EN BREVE - 100,000 Contraband Shark Fins Found In Ecuadorian Fishing City
Norway
May 30, 03:00 (GMT + 9):
IN BRIEF - Mitsubishi Corporation CEO meets with Erna Solberg
China
May 29, 23:50 (GMT + 9):
Haikui Seafood achieves slight growth under more difficult market conditions
Chile
May 29, 23:40 (GMT + 9):
AquaChile records loss of USD 11.7 million in the first quarter
Republic of Ireland
May 29, 23:30 (GMT + 9):
New management measures for razor clam
Chile
May 29, 23:10 (GMT + 9):
Customs employees end strike



Lenguaje
FEATURED EVENTS
  
TOP STORIES
New report reveals slavery practice on foreign chartered vessels
New Zealand Research carried out by the Auckland University reveals the existence of slave-like labour and abuse that is faced by foreign crew members working on boats operating in New Zealand waters.
Alagoas commits to international technical cooperation to boost aquaculture and fisheries
Brazil Through the Secretariat of Agriculture, Fisheries and Aquaculture, the Government of Alagoas is devising a project on international technical cooperation in the fisheries-aquaculture sector of this state in northeastern Brazil.
Indonesia urged to champion the interests of coastal nations at IOTC
Indonesia Minister of Fisheries and Agriculture for the Maldives urged Indonesia to join the Maldives in championing the interests of coastal nations at the Indian Ocean Tuna Commission.
Environmentally-friendly salmon and crustacean by-product use developed
United States A Juneau-based business is finding new uses for Alaska Sea seafood waste by implementing environmentally sensitive processes to make products like salmon leather wallets and chitin T-shirts.
 
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