Copeinca Chairman Samuel Dyer Coriat says many in Peru will be thrilled at the prospect of Cermaq becoming an active player in the country, and the subsequent positive impact this will have on the industry.

Chinese Fisheries Group got the ball rolling when they made an offer for Copeinca, but they wanted the whole company there and then.

Copeinca’s board of directors was not having any of it.

“We were keen to find other candidates that would give our shareholders a better offer.