Cooke, a leading Canadian fishing conglomerate, has acquired Copeinca for US$56 million to enhance production capacities and expand into direct human consumption markets, demonstrating a commitment to sustainability and modernization in Peru's fishing industry.

Target Information

Corporación Pesquera Inca (Copeinca) is a significant player in the traditional fishing sector, having recorded an export value growth of 2.7% in the year ending October 2025, amounting to US$2.187 billion. Despite a challenging market environment characterized by falling fish oil and fat prices, companies in this sector, including Copeinca, have demonstrated resilience and a dynamic operational approach.

Following its acquisition by the Canadian group Cooke, the fifth largest fishing conglomerate globally by production and revenue, Copeinca is currently advancing through a phase of operational consolidation and modernization. It aims to increase its fish meal production to over 230,000 tons and fish oil production to 35,000 tons, showcasing a strong commitment to enhancing production capabilities.

Industry Overview in Peru

The fishing industry in Peru plays a crucial role in the national economy, heavily relying on the anchovy as its primary resource. Recent analysis indicates that while the sector faces volatility due to fluctuating prices and environmental challenges, companies