Cooke acquires fishmeal producer giant

Cooke Inc. has confirmed the completion of its acquisition of Corporación Pesquera Inca S.A.C. (Copeinca). The Peruvian company is one of the largest anchoveta processors and one of the world's largest anchoveta fishmeal and fish oil producers and exporters

In early November, Cooke announced that a subsidiary owned by Cooke Inc. would indirectly acquire all outstanding shares of Corporación Pesquera Inca S.A.C. (Copeinca) following the signing of a binding share purchase agreement between the Canadian company and PF Cayman New Holdco Limited.

Regarding this acquisition, Cooke CEO Glenn Cooke said: "We're excited to welcome Copeinca's dedicated employees to the Cooke family of companies. Copeinca will be a major contributor in furthering Cooke's growth as a leader in strengthening global food security."

Thus, the Canadian company expands its marine ingredients business and broadens its geographic and species portfolio. Cooke entered this sector in 2017 with the acquisition of Omega Protein Corporation, a U.S.-based nutritional products company and a leading provider of specialty oils and specialty protein products.