Multiexport’s joint venture with Mitsui USA, which establishes a new trout and coho subsidiary, may not boost the Chilean salmon giant’s sales this year, but Multiexport CEO Andres Lyon expects his balance sheet to reflect the benefits of the deal by 2014.
Revenues are expected to go up in Japan and China, as well as other Asian nations, Lyon told IntraFish.
“This is one of the reasons why we did it,” he said of the revenue increase.
Mitsui USA’s parent company, Mitsui & Co.
