August 30, 2013
Grand Success Investment completes acquisition of Copeinca shares
Press release
For a consideration of about US$11.25/share, which is equivalent to NOK68.17, Grand Success Investment (Singapore) Private Limited has completed the purchase of 19,098,000 shares (27.21%) in Copeinca ASA from Dyer Coriat Holding (DCH).
Following the completion of the sale, DCH will not hold any shares, or rights to shares, in Copeinca.
Copeinca ASA is one of the largest fishmeal and fish oil producers in Peru. It produces its fishmeal and fish oil from anchovy harvested off the coast of Peru, and most of its production is exported. Key countries for export are China, Japan, Germany, Canada, Chile and Denmark. Typical customers are fish and animal feed producers as well as refineries for omega-3 products.
