Peruvian industrial fishing company and fishmeal and fish oil producer Exalmar has agreed to fully purchase fishing firm Pesquera Centinela, Exalmar reported to Peru’s securities regulator SMV.
The terms of the sale were not disclosed, but Exalmar said that the purchase “will allow in the future for the integration of teams and processes that complement each other, generating synergies and learning.” The closing of the sale will depend on the fulfillment of a series of conditions “usual in this type of transaction,” it added.
In the meantime, Pesquera Centinela will continue to operate the first fishing season of 2025 as usual.
The move is seen as a further consolidation of Peru’s anchovy fishery, following on the heels of the November 2024 announcement of New Brunswick, Canada-based aquaculture firm Cooke’s purchase of Peruvian fishmeal and fish oil producer Corporación Pesquera Inca (Copeinca).
According to Peru’s Production Ministry (PRODUCE), during the second anchovy fishery season of 2024, Exalmar had the third-highest participation in anchovy processing – at 18.2 percent of the established total allowable catch (TAC) of 2.5 million metric tons (MT). It was preceded by industrial anchovy fishing firms Tecnológica de Alimentos (TASA) at 23 percent total participation and Copeinca at 20.3 percent...
