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Chile salmon M&A

Cultivos Marinos’ former owner files complaint against Mainstream over $115m sale

Francisco Jose Lopez, founder of the Chilean salmon farmer Cultivos Marinos, alleges Cermaq acted in bad faith by using Ewos to push down price of sale to its other subsidiary, Mainstream

By Victor Jimenez | Oct. 21, 2013 14:10 BST
Invermar, Australis only exceptions as Chile's salmon farmers put losses behind
Chilean salmon farm. Photo: Sam Beebe, Ecotrust
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The former owner of Chilean salmon producer Cultivos Marinos Chiloe has filed a petition to sue Cermaq, alleging the Norwegian company pushed it into an underpriced sale [...]

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