Nippon Suisan Kaisha, Ltd. is acquiring Chilean salmon farming company PESQUERA YADRAN S.A. for approximately ¥20.6 billion to enhance its market presence and operational capabilities in the aquaculture sector.

Target Company Overview

On December 16, 2025, Nippon Suisan Kaisha, Ltd. (Nissui), listed as 1332, announced its acquisition of the Chilean salmon farming company, PESQUERA YADRAN S.A., located in the Los Lagos region. This acquisition will grant Nissui access to PESQUERA YADRAN's specialized knowledge in Atlantic salmon farming and processing, as well as its established sales channels in international markets, including the United States. The company recorded sales of ¥34.5 billion, an operating loss of ¥3.3 billion, and net assets totaling ¥24.7 billion for the fiscal year ending December 2024.

The acquisition price is estimated at approximately ¥20.6 billion (or $133 million), with the transfer of shares scheduled for early January 2026. Nissui will acquire 100% of PESQUERA YADRAN through its subsidiary, SALMONES ANTARTICA S.A., also based in the Los Lagos region.

Industry Overview in Chile

Chile is one of the leading global producers of farmed salmon, contributing significantly to the country's economy. The salmon farming industry has experienced consistent growth over the years, positioned as a major exp