Copeinca ASA

Copeinca ASA is a prominent player in the Peruvian fishing sector, dedicated to producing high-quality fish meal and fish oil for various markets, including animal feed and nutritional supplements. Founded in 2006 in Lima, Peru, Copeinca ASA specializes in the fishing industry, focusing on the production of fish meal and fish oil. The company underwent a significant transformation when, in February 2013, China Fishery Group made an offer to acquire Copeinca for USD 555. 8 mn.

This transaction was completed in August 2013, resulting in China Fishery Group acquiring a majority stake in Copeinca ASA. Copeinca is a leading player in the Peruvian fishing industry, specializing in the production of fish meal and fish oil, two core products that serve various end uses in the animal feed and nutritional supplement sectors. The fish meal is primarily utilized in aquaculture and livestock feed, providing essential nutrients that support growth and health in farmed fish and livestock. Fish oil, recognized for its high omega-3 fatty acid content, is often used in dietary supplements for humans.

Copeinca operates a significant fleet of 41 fishing vessels, ensuring efficient resource harvesting along the northern central coast of Peru, primarily servicing markets in Asia, Europe, and North America. Copeinca generates revenue through the sale of its fish meal and fish oil products, focusing on business-to-business transactions with wholesalers and distributors in targeted international markets. The company maintains a transactional structure with direct sales agreements and long-term partnerships with clients, facilitating a steady flow of revenue from consistent demand. Specific pricing plans are aligned with product specifications, quality, and market conditions, allowing tailored offerings to meet diverse client needs.

Copeinca's flagship products are recognized for their premium quality, attracting a broad customer base and fostering loyalty in the competitive fishing sector. The completion of the acquisition by China Fishery Group in August 2013 marked a pivotal moment for Copeinca ASA. Going forward, the company is expected to leverage the resources of its parent company to explore new product development and expand into additional markets. Specific goals include enhancing their fish oil product range and targeting new geographic regions for distribution, including emerging markets in Southeast Asia and South America.

The recent funding will be instrumental in supporting these growth initiatives, allowing Copeinca to bolster its operational capacity and capitalize on new market opportunities.