Cooke Inc. has finalized its acquisition of Peru-based Corporación Pesquera Inca S.A.C. (Copeinca), the country’s largest anchoveta-fishing firm.
New Brunswick, Canada-based Cooke announced its plans to purchase the company on 7 November. Using a binding share purchase agreement, a wholly owned subsidiary of Cooke – Copeinca Canada Inc. – will indirectly acquire all outstanding shares of Copeinca from PF Cayman New Holdco Limited.
The terms of the transaction were not disclosed.
“We’re excited to welcome Copeinca’s dedicated employees to the Cooke family of companies,” Cooke CEO Glenn Cooke said. “Copeinca will be a major contributor in furthering Cooke’s growth as a leader in strengthening global food security.”
Copeinca is Peru’s largest fishing company and one of the largest producers of fishmeal and fish oil in the world. Cooke first entered the marine ingredients sector in 2017 with its acquisition of Omega Protein for nearly USD 500 million (EUR 477 million), and the company said its latest purchase further strengthens its marine ingredients business.
When first announcing its plans to purchase Copeinca, Cooke said ...
