AquaChile shareholders have approved a reordering of the company's finances, including a $248.3 million (€213.2 million) capital raise.

Under the transfer of assets no physical money will change hands.

But all of the salmon farming assets of parent group Agrosuper, including those of Pesquera Los Fiordos, will be moved under the AquaChile umbrella.

Agrosuper, owned 100 percent by the Vial family, acquired AquaChile in 2019.