Scotland, Ireland fight to fish around Rockall in latest Brexit dispute

on behalf of Queen Elizabeth, who sent some men to cement a plaque on the summit. However, legend has it that Irish associations with Rockall predate

Fisheries  intrafish.com 12 Jun 08:01 GMT

Australis earnings spike in Q1

Chilean salmon farmer Australis, owned by Chinese giant Legend Holding, reported higher sales and earnings in the first quarter of the year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) were $20.3 million (€18.1 million), up 66.9 percent year on year, while sales jumped 27.2 percent to $99.5 million (€88.9 million). According to the company, the improvements are explained by a decrease in the cost of sales of Atlantic

Finance  intrafish.com 28 May 12:58 GMT

Business intelligence: Chilean salmon sector in state of 'hyper consolidation'

Agrosuper deal, Chinese giant Legend Holdings acquired Chilean salmon farmer Australis for $880 million (€785 million). It was the highest price ever paid for

Aquaculture  intrafish.com 15 May 15:34 GMT

Chile's prosecutor approves Australis acquisition

Chile’s National Financial Prosecutor (FNE) approved the acquisition of Chilean salmon farmer Australis by Chinese Joyvio, controlled by investment giant Legend Holdings. The Chinese giant made a binding offer for Australis Seafoods in Nov. 2018 for $880 million (€782.9 million), the highest price ever paid for a Chilean salmon company. The FNE approved the acquisition on April 30.

Finance  intrafish.com 14 May 05:10 GMT

DOWNLOAD: Seafood Executive Outlook 2019

ago. That's why we're seeing large acquisitions in Chile by AquaChile and Australis by Legend Holdings." Diversification is key Kleinman said the time

Finance  intrafish.com 08 May 07:30 GMT

Australis earnings hit by higher costs, lower prices

2017. Australis was acquired by Chinese Legend Holding in 2018, and announced it was acquiring a salmon processor in Magallanes earlier this month.

Finance  intrafish.com 11 Mar 12:11 GMT

Australis acquisition provides springboard for new products

months earlier China's Joyvio Group, a subsidiary of the Chinese conglomerate Legend Holdings Corporation, acquired Australis for $880 million (€776

Processor  intrafish.com 06 Mar 12:11 GMT

Australis buys Chilean salmon processor

recently bought by Chinese giant Legend Holdings's Joyvio for $880 million (€773.9 million), and produces over 60 percent of its volumes in Magallanes. The

Aquaculture  intrafish.com 04 Mar 12:10 GMT

Blumar acquires Chilean coho producer

conglomerate Legend Holdings Corporation, put in an offer to buy 100 percent of the shares of Chile's Australis Seafoods for a price of $880 million. -- OUT

Aquaculture  intrafish.com 28 Jan 12:09 GMT

Australis CEO Ricardo Misraji: 'Consolidating salmon production in Magallanes is key'

Chilean salmon farmer Australis, which was recently bought by Chinese giant Legend Holding for $880 million, and which already produces over 60 percent of its volumes in Magallanes, is further establishing its operations in the region to supply expanding markets, CEO Ricardo Misraji told IntraFish. What were the three most significant developments for your seafood business in 2018? Growth in Magallanes An increase in demand in the main markets

Outlook  intrafish.com 02 Jan 12:11 GMT