The acquisition supports Nissui’s long-term growth strategy, which aims to establish a balanced and stable business portfolio by 2030
Nissui Corporation announced that it has resolved to acquire all outstanding shares of Pesquera Yadran S.A. (PY), a Chile-based salmon aquaculture company, through its consolidated subsidiary Salmones Antartica S.A. (SA). Following the transaction, PY will become a wholly owned subsidiary of the Nissui Group.
The acquisition was approved by a written resolution of Nissui’s Board of Directors in accordance with Article 370 of the Companies Act and Article 25 of the Company’s Articles of Incorporation. Shares of PY will be acquired from Inversiones Yadran S.A., Chile Market Limitada Servicios y Asesorias Financieras, and Inversiones Crucol Limitada.
As part of the transaction, SA will also acquire shares in Empresa de Servicios Quellon S.A., a subsidiary of PY. Consequently, Cultivos Yadran S.A. and five other PY subsidiaries will become wholly owned subsidiaries of Nissui. PY is expected to be classified as a specified subsidiary, as its capital represents at least 10 per cent of Nissui’s consolidated capital.
The acquisition supports Nissui’s long-term growth strategy, which aims to establish a balanced and stable business portfolio by 2030, with the Food Products Business and Marine Products Business serving as core pillars. Within this framework, aquaculture is positioned as a priority growth area, alongside the Fine Chemicals Business, with a target operating profit margin of 10 per cent or higher.
Both SA and PY operate salmon aquaculture businesses in Chile, a key global production hub. PY brings strong expertise in the farming and processing of Atlantic salmon, a species experiencing robust global demand, and has established sales channels in overseas markets, including the United States.
Through the acquisition, Nissui aims to expand the scale of its aquaculture operations, strengthen processing and sales networks, and improve operational efficiency by optimising species portfolios and farming sites. By leveraging the Group’s Nissui Global Links platform, the Company expects to create synergies across the value chain and enhance supply resilience.
This strategic move underscores Nissui’s commitment to sustainable growth and to reinforcing its position in the global aquaculture market.
