Now the acquisition and merger process begins

Compared with other countries that experienced the same situation due to the ISA virus (like Norway and the Faroe Island), this process would be the impulse of this sector.

Estrategia informed that different actors of the salmon industry agrees that the associative scheme would be the most efficient way to recover the productive levels that were developed before the arriving of the ISA virus. This way the recovery of the sector would happen before 2015, the year that most of the people think that the industry will recover.

According to the Chilean undersecretary of fisheries, Jorge Chocair, everything is possible, adding that "today we have important investments from countries like Canada, even with the difficult situation of the salmon industry, which demonstrates the confidence that exists".

In June, the general manager of Salmones Cupquelán, subsidiary of the Canadian Cooke Aquaculture, Alan Cook, said that in 2010 he expects the acquisition of some salmon company in Chile. Although he says there is nothing confirmed yet. However, before this happen, they will evaluate the market situation, the new fishing law and the agreements between the salmon companies with the banking.