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Montevideo, December 14th 2018 - 00:44 UTC

Following Falklands' incident Argentine company buys local operations of Japan's Nissui

Wednesday, January 14th 2015 - 06:27 UTC
Full article 19 comments
The acquisition of Pesantar includes fishing vessel Echizen Maru, quota of Patagonian toothfish and an 800 metric tons processing capacity plant The acquisition of Pesantar includes fishing vessel Echizen Maru, quota of Patagonian toothfish and an 800 metric tons processing capacity plant

Newsan, an Argentine firm involved in electronics but also in seafood supply, has reportedly acquired Argentine operations of Japan’s second largest seafood company, Nippon Suisan Kaisha (Nissui). The operation follows an incident involving alleged fishing of the Japanese company in the South Atlantic both in Argentina and Falklands' waters.

 The acquisition of Pesantar -- Nissui’s operation in Argentina -- includes fishing vessel Echizen Maru, a “considerable” quota of Patagonian toothfish and a plant of 800 metric tons processing capacity, reported Mar y Pesca from Mar del Plata.

The local website said the deal was closed on Jan. 9, and confirmed by Newsan Food director Miguel Glikman.

“We have just closed the deal,” Glikman said. “We will continue employing 120 people so we are happy about that.” However Glikman declined to provide further details on the deal.

Last week, Nissui was reported to be in hot water in Argentina over allegedly operating with a license from the Falkland Islands.

In another example of the tension over the Falklands an executive with Nissui in Argentina submitted a complaint against his own company.

According to reports in the Chilean media, Juan Benegas, chief operating officer of Pesantar, submitted a complaint that Emdepes, the Japanese firm’s operation in Chile, was granted a licence from the British government to fish off the Falklands.

The governor of the region of Tierra del Fuego, Fabiana Ríos, suspended Pesantar’s fishing licenses, as a result.

Part of the complaint submitted to the ministry of agriculture and Daniel Filmus, Argentina's secretary for matters relating to the Falkland Islands, is satellite maps of the journey made by the Emdepes vessel, “Union Sur”, into Falkland Islands waters.

It is against Argentine law for a fishing company to operate in the Falklands as well as Argentina.

Top Comments

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  • Falkland Islands

    Wet pathetic country, Argentina you will loose in the end.

    Jan 14th, 2015 - 10:34 am 0
  • ChrisR

    I wonder which member of the argie government is behind this Newsan Food outfit?

    I bet the price was 1000 pesos 'and you get to keep your legs'.

    Jan 14th, 2015 - 10:34 am 0
  • golfcronie

    Why oh why do they always get it wrong, THE FALKLANDS GOVERNMENT issue fishing licenses in FALKLANDS waters. Not really difficult to comprehend is it?

    Jan 14th, 2015 - 10:50 am 0
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