UK: Stolt Sea Farm acquires Eicosal
Stolt Sea Farm Holdings plc (SSF), a wholly owned subsidiary of Stolt-Nielsen S.A. (Nasdaq: SNSA; Oslo Stock Exchange: SNI) yesterday announced it has purchased the 87.5% of Eicosal S.A. in Chile which it does not already own from Pathfinder, Rabobank, and Dyfed Holdings. With this acquisition, SSF will have a total production capacity in the 10th region in Chile of some 30,000 metric tons of Atlantic salmon, coho and trout. In addition, SSF will own 15 unused licenses in 11th region and have applications pending for 30 more. With Eicosal, SSF has acquired the most advanced brood stock and fresh water fry and smolt program in the industry as well as a state of the art plant with 35,000 metric ton processing capacity located near Puerto Montt.
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