Australis Seafoods was born in 2007 to exploit opportunities offered by this industry. Comprises the business units Australis Mar, dedicated to fatten the salmon, marketing and export - which expects to produce 80 thousand tons of salmon by the year 2015 - and Landcatch Chile, responsible for the production of eggs based on a genetic program of more than 15 years, fry and smolts. Thus, Australis Seafoods is involved in all processes related to the cultivation, development and marketing of salmon.
This is the fourth (2011) year of operations Australis Seafoods and the company already announced it will open approximately 15% of their property to the Exchange, in order to finance its business plan.
For the period 2011 - 2015, the Company will invest U.S. $ 274 million, part of whichwill be collected in this operation.
Thus, the proceeds will be invested primarily in working capital, fixed assets for production in seawater and fish farms so as to reach a production of 80 thousand tons by 2015, of which 80% is made to Atlantic salmon, the rest of coho and trout.
Australis Seafoods has 10 farms distributed in five regions and 48 sea aquaculture concessions in 16 districts and more than 100 applications in process and award stage.
November 20, 2018 - Chinese company Joyvio Group, subsidiary of the conglomerate Legend Holdings, signed an agreement to buy up to 100 per cent of the shares issued by the Chilean salmon company Australis Seafoods for some USD 880 million.