Originally formed in 1988 to participate in the Falkland Islands fishery, it was purchased in 2003 by Falkland Islanders Cheryl and Peter Roberts, and is now established as one of the major fishing companies based in the Falkland Islands.
Beauchene Fishing Co. Ltd has a substantial share holding in two Joint Venture Falkland Companies, each of which owns a modern deep-sea factory trawler: South Atlantic Squid Ltd with British flagged Baffin Bay, and Igueldo Fisheries (F.I.) Company Ltd with Falkland flagged Igueldo.