MAINSTREAM SELLS PROCESSING PLANT IN CHILE
(Thomson Reuters ONE) -
Mainstream Chile has sold the processing plant in Calbuco, Chile to Australis
Seafoods for USD 11.7 million
The reported gain in the range of USD 7 million will be included in Cermaq's
operating result at Group level for the first quarter 2013, but will not be
included in the operational result for Mainstream Chile.
The sale takes place as a result of an efficiency improvements program in
Mainstream Chile's processing activities following the acquisition of Cultivos
Marinos Chiloé (CMC) in October 2012. The processing plant in Calbuco, in Region
Los Lagos, has for several years been used by Mainstream Chile primarily in the
peak season for trout and Coho salmon. Mainstream Chile expects over time to
invest in one of the three remaining processing plants to ensure sufficient
processing capacity in a more efficient manner.
The employees at the processing plant in Calbuco will be transferred to
Australis Seafood with unchanged terms of employment.
- The sale of the processing plant in Calbuco is a part of the realisation of
synergies following the acquisition of CMC. Australis plans furthermore to use
the plant year round, and the sale will thus also be positive for the employment
in the local community, says CEO Jon Hindar in a comment.
Further information - please contact:
Jon Hindar, CEO, phone: + 47 23 68 50 10, mobile: +47 977 48 829
Tore Valderhaug, CFO, phone: + 47 23 68 50 38, mobile: +47 995 60 925
Cermaq is an international group of companies with activities in fish farming,
production of salmonid feed and research in aquaculture. Cermaq has operations
in Norway, Chile, Canada, and Scotland, the main geographic regions for salmon
and trout farming, and in Vietnam. Through its business unit EWOS, Cermaq ranks
as the world's largest producer of feed for salmonids. The business unit
Mainstream is one of the world's leading farming companies of salmon and trout.
The group had sales of around NOK 11.8 billion in 2012. Cermaq is listed on the
Oslo stock exchange with ticker code CEQ. www.cermaq.com
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and
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originality of the information contained therein.
Source: Cermaq ASA via Thomson Reuters ONE
[HUG#1689342]
Datum: 02.04.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 244847
Anzahl Zeichen: 2827
contact information:
Town:
Oslo
Kategorie:
Business News
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"MAINSTREAM SELLS PROCESSING PLANT IN CHILE"
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