7/23/07

Peru: Tasa acquires Epesca

Mario Brescia, the executive director of Tasa (Tecnologia de Alimentos), part of Grupo Brescia of Peru, has confirmed to Chilean press-men that Tasa has finalised a deal to buy fishing firm Epesca. The Peruvian world leader for fishmeal will be handing over US$85mil for Epesca. The latter is a part of Grupo Badinotti and Tasa is moving to grow its storage or bodega capacity to 2,800 cubic metres and to grow its fleet. Tasa should be able to add 30,000 m tons of fishmeal annually as a result of this purchase.

Publication: SABI - Business News
Provider: South American Business Information
Date: July 23, 2007

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