Fiordosur Group has been acquired by Orizon S.A.
The founders of Fiordosur Group have sold a 70% stake in the company to Orizon S.A.
Fiordosur is a company dedicated to the purchase, processing and export of seafood products from Chile, with a strong focus on exports of seabass and king crab. It began operations in 1991 with a processing plant in Viña del Mar, in 2008, it inaugurated its processing plant in Porvenir, (Tierra del Fuego) and in 2019, in Aysen. The group has brand presence in more than 20 countries in four continents, distributing to all market segments (retail, wholesale and horeca). Fiordosur also processes and commercializes other seafood products such as snow crab, portioned salmon and stone crab.
Orizon is part of the Empresas Copec group, one of the largest business conglomerates in South America. It manufactures and markets food for human consumption and industrial applications from natural resources.
Oaklins’ team in Chile acted as financial advisor to the seller in this transaction.
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