Following the acquisition of Cermaq in 2014, Mitsubishi Corporation owns two aquaculture companies in Chile, Salmones Humboldt and Cermaq Chile. With the merger of the two companies, synergies can be realized and enhanced competitiveness achieved in the new company.
– Both companies have a wealth of expertise and their integration will allow us to rely on the best practices of both companies to increase our competitiveness, with a focus on a quality product and sustainability of the process, says Francisco Miranda who is COO of the newly merged company, which has 130 licenses and 15 hatcheries.
– A merger is a demanding process, company cultures must be unified, business processes and IT systems must be completed, and a successful outcome requires employees to give their best. In this way, we will build a strong and united corporate culture, Miranda emphasizes.
The merger process was planned and carried out by a team composed of representatives from Salmones Humboldt and Cermaq Chile, and union delegates were informed during the process.
Cermaq is one of the world’s leading salmon and trout farming companies, with operations in Norway, Chile and Canada. Cermaq is a wholly owned subsidiary of Mitsubishi Corporation headquartered in Oslo.
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