December 6, 2016

Cermaq Chile, Salmones Humboldt merge as one company
 

Following the acquisitions of Cermaq ASA in 2014, Mitsubishi Corporation (MC) has in its ownership two salmon farming companies in Chile: Salmones Humboldt and Cermaq Chile.

With the merger of the two organisations, synergies can be realised, increasing levels of competitiveness of the new company, a Cermaq press release states.

With a wealth of competence, the companies, through integration will enable Cermaq to build on best practices to increase competitive levels, together with an emphasis on quality product and the sustainability of the process, Francisco Miranda, COO of the new merged company, said.

The company holds 130 licenses and 15 hatcheries.

"A merger is a challenging process, company cultures shall unite, business processes and IT systems must be complemented, and a successful outcome requires that employees will give the best of themselves. In this way, we will build a strong and united company culture," Miranda commented.

- Cermaq